The Fed’s apparent plan to somehow get to full employment and then deal with inflation sounds nice, but reality could easily derail the plan. Meanwhile, job growth is low and prices are rising.
Wilhelm von Humboldt ’s opposition to the reactionary policies of his government gained him as much ill-will at court as it did popularity among the people.
Political decentralization in modern times has shown itself to be the most potent intellectual restraint on the growth of Leviathan. The Constitution is not enough.
Just because the demand for money changes over time doesn't mean we need a money supply that changes over time also.
Michael Huemer has written outstanding book exposing many of the ways that many people fail to misunderstand logical fallacies in many ideological debates today.
Expropriating private property or mandating price controls might feel like "doing something," but only market action brings real relief to disaster-prone areas.
Price inflation isn't a simple function of increases in the money supply. Rather, it depends on many other factors such as public expectations of future inflation.
Virtually all of the specific economic policies advocated by the Italian and German fascists of the 1930s have also been adopted in the United States in some form, and continue to be adopted to this day.
Robert Murphy's interview with Jordan Peterson featured a fast and exciting conversation with lots of references to books, articles, and other Austrian scholarship. This study guide offers citations and explanations for that may have gone by too quickly for the audience.
To the extent that Cass Sunstein's "nudge" policy relies on behavioral economics, it relies upon a fallacy.
