There are numerous critics of the Austrian School of economics, but when their disparagements are closely examined, the so-called experts themselves are wrong. Austrians can do a better job of setting the record straight.
Ryan, Tho, and Zach Yost talk about some recent efforts by Polish lobbyists to shame Americans into spending more treasure (and maybe also American lives) on waging wars for Eastern European states.
Does it matter if a central bank is privately owned? No, it makes no difference. Public or private, central banks give the state what it wants.
For all of the talk about Kamala Harris being a socialist, she certainly does not advocate socialism of the kind we have seen under the old USSR or Mao’s China. Instead, her version has characteristics of Italy in the 1920s and the more notorious German version of the 1930s.
John Maynard Keynes is the best-known economist from the 20th Century, that not being a good thing. At least he was more famous for his success in promoting his views than for his lack of success as an investor. His failures were an extension of his lack of economic understanding.
When great ones err, they often err greatly. Such was the case with Albert Einstein, who mastered quantum physics but whose view on economics were, well, unscientific.
Throughout the Trump years, many of the worst war hawks have abandoned the GOP. However, others are trying to rebrand the same old neoconservative interventionism as part of a new “America First” agenda. Don’t fall for it.
Over and over, the Federal Reserve "coordinates" its policies with the Treasury to ensure that the regime gets what it wants from the Fed.
While the US Constitution made the US a large free trade zone, prohibiting states from erecting trade barriers against each other, it also empowered the central government to impose tariffs on goods imported from outside the country.
One sign of a fraying society is that its laws increasingly become political tools. The latest round involves Democrats trying to use criminal law in a very questionable way to try to put Donald Trump in prison, while Trump promises to retaliate if he is elected.
