While mainstream economists and statisticians speak of the “price level,” Austrian economists know better. Using price levels to explain inflation obscures what really happens when monetary authorities explain the supply of money.
The recent campus protests following the Hamas-Israel conflict have been framed as either antiapartheid or anti-Semitic. The conflict is much deeper, being rooted in toxic identity politics.
With the Houthis in Yemen firing on commercial ships in the Red Sea, the US is contemplating yet another Middle East conflict. As we see again, aggression leads to more aggression.
When it comes to housing, the solution to the problem of affordability is rather straightforward: build more. Slapping price controls on housing in the form of “rent control” only makes things worse.
In recent decades, there is scant evidence to suggest that post-secession breakaway countries raise trade barriers or raise taxes more than larger status quo states. In fact, smaller states are more likely to see the benefits of international cooperation.
Much government regulation — and especially what we saw during the covid era — is downright illogical and produces harmful results. Perhaps some simple logic is in order.
While Ludwig von Mises and Karl Popper disagreed on methodology, but Brian Gladish believes that perhaps their viewpoints were not as divergent as their followers suggest.
All of us have experienced government road closures and the traffic and safety nightmares they create. Private roads may be the answer to solving the problem.
The Rothbard Graduate Seminar (RGS) provides an opportunity to learn about Austrian economics at a high level.
