Politics
By their nature, free markets promote harmony between people and increase overall standards of living. This view is radically different from the ones promoted...
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Politics
Organizations like the European Union and the United Nations are inventions of government elites and are designed to serve the interests of government elites....
Politics
Totalitarian bureaucracy necessitates a constant state of crisis and there is no better creator of crises than imperial machinations.
Politics
We’ve just released the first two video lectures in Jonathan Newman’s new online course based on Dr. Murphy’s Lessons For the Young Economist, on...
Politics
Nicolaus Copernicus is best known for his observation that the sun was at the center of our solar system, but he also made a...
Politics
While men like Murray Rothbard and Ludwig von Mises believed in “just” war, nonetheless, they did not believe that wars lead to “just” outcomes,...
Politics
One of the important points made by Carl Menger in his 1871 Principles is that people ordinally rank their preferences, valuing some things more...
Politics
In August, the money supply grew at the fastest rate in 23 months.
Politics
Long before there was Alan Greenspan to turn the Federal Reserve into Casino Central, there was John Law, France’s minister of finance more than...
Politics
When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That...
Politics
Thanks to increasingly broad car-seat laws, a third child often requires the purchase of a larger, more expensive vehicle. At the margins, this has...
Politics
While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was...
