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President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and...
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
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...
When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That...
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...
The Ukraine war rages on and while the media and political classes repeat the “Putin started it” mantra, the evidence points elsewhere. The US...
It is understood that Marx’s theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that...
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to...
Politicians have long claimed that states are like big families, and that political regimes rule in ways similar to how parents raise their families....
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity...