How People Determine the Value of a Good
In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value.
In contrast to the imaginary way that mainstream economists present value, Austrian economists properly use ordinal rankings to determine value.
Despite the rhetoric we hear from mainstream media organizations, its coverage of the Ukraine war borders on outright propaganda.
Government statistics on inflation in the food sector have failed to account for skimpflation and shrinkflation.
President Biden makes the false claim that wind- and solar-generated electricity are cheaper than power generated from coal and oil.
All the money printing has created a recovery where the United States has seen twenty-six consecutive months of negative real wage growth. We have not seen such a negative recovery for American workers in decades.
Kamala Harris recently declared that we need to "reduce population." While the White House quickly claimed she misspoke, progressives have given enough near-religious devotion to neo-Mathusianism to convince some of us that Harris meant what she said.
Several nations look to develop a gold-based currency to bypass the US dollar. The world shall see after the BRICS nations meet next month how successful they are.
While Americans believe the First Amendment protects their speech, the US government and mainstream media have joined together to suppress speech that does not coincide with government policies.
Like many colonial ventures, Belgium's involvement in the Congo had some successes—and many failures.
The political passion for "social justice" is creating a larger free-rider problem and a problem of injustice.