Government officials like to claim they are doing something about reducing poverty. The trouble is, of course, that what they are doing makes things worse. Here on Income Tax Day, we recommend that next time, they should do nothing.
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Two new books, The Lords of Easy Money and The Price of Time, while not specifically Austrian, present readers with financial scenarios that mesh well with the Austrian business cycle theory.
While “colorblind equality” has a better ring to it than the DEI regime, nonetheless, the concept is unworkable and actually contributes to worsening racial outcomes.
The inflation news from the Federal Reserve is once again disappointing.
The concept of an “equilibrium interest rate” is of limited, if any, aid to our economic understanding. Never mind the persistent popularity which it has enjoyed under fiat money regimes.
While politicians and bureaucrats always claim to work in the "public interest," the rewards they gain for making bad economic decisions are more important to them than any satisfaction they get from supposedly "serving the people."
In today’s edition of Friday Philosophy, David Gordon reviews The Prophets of Doom by Neema Parvini. The author deals with conservatives that believe that free markets threaten the virtue of our society.
Free markets in agriculture undermined communist governments' attempts to collectivize farming. You can strike a blow against state control by simply gardening.
Ryan and Tho are joined by Łukasz Dominiak, a Mises Fellow and Associate Professor at Nicolaus Copernicus University in Poland.
