American higher education, which is supposed to be about learning truth, has become a bastion of untruth. As higher education loses accountability, it simultaneously is corrupting other institutions, especially journalism and even the business world.
Progressives have been calling for heavy taxes and other confiscatory policies to be aimed at wealthy Americans. While they didn‘t win the recent presidential election, their toxic message remains.
Politicians respond to pressure. If we want them to actually carry out the cuts they claim to stand for it’s up to us to provide that pressure.
With Canada as the fifty-first state, the Republicans would not win another national election for many years, and Congress would move significantly to the Left.
Ireland is suffering from the same kind of housing crisis that has hurt the US. Not surprisingly, the crises in both countries have their roots in government intervention undertaken ostensibly to make housing more affordable.
Böhm-Bawerk shows us that the study of human action and the economy in general goes beyond the simple paradigm of the financial and monetary world. Economics is built into all human experience.
It’s been four years since the January 6 riots of 2021, and with each passing year it becomes more clear that the event was not an insurrection, and it certainly wasn’t a “coup” of any sort.
Mainstream economists are united against deflation, which they claim is the cause of recessions. Austrians know better, as they understand that deflation raises living standards and prevents destructive asset bubbles.
The American conservative movement has changed with the advent of MAGA and the economic nationalism associated with it. However, there never was a “golden age” of conservatism, as the William F. Buckley brand was terribly flawed from the beginning.
One of the unique features of Austrian economics is a coherent and consistent theory of business cycles. To understand business cycles, one must understand the role that interest rates play in the economy.
