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President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set...
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President Trump is levying high tariffs without consent of Congress, despite the fact that the US Constitution gives only Congress the power to set...
The success of the American Revolution struck a heavy blow against the mercantilist system. But unfortunately, the wound was not mortal.
Dr. Fegley is a Fellow of the Mises Institute and chair of business and economics at Montreat College. In 2023, he joined the Mises...
Marx failed to grasp that there are laws of human action that apply universally. His understanding of economics was far inferior to that of...
Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices,...
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...
With Europe moving toward conflict in 1938, a number of economists and other intellectuals met in Paris to try to revitalize liberalism. Ludwig von...
Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices,...
While the US Constitution made the US a large free trade zone, prohibiting states from erecting trade barriers against each other, it also empowered...
When the bankers called for a central bank in the US, they claimed to only want a way to stop bank runs. It turns...
Modern American culture is statist to the core. The typical school curriculum tells students that capitalism is evil and socialism is good, be the...
On this day 106 years ago, the warring parties of World War I agreed to an armistice, ending more than four years of slaughter...
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Mainstream economists often base their analysis upon assumptions that do not square with reality. Austrian economics, on the other hand, is built upon realistic...