Minimum Wage and the War Against Economics
In light of the recent “national” strike conducted by 0.09% of fast food workers in the US, many op-eds and commentaries have been penned by economists trying to justify the strikers’ demands. Most of...
View ArticleDemocrats’ Climate Change Emphasis is Hurting Their Own
The Democrats think that climate change is a winning issue for them in 2014—and, if they handle it correctly, this could be a winning issue for the Republicans. Nothing comes out of the Obama White...
View ArticleRepublican Governors Take Up Economic Central Planning
Indiana is only the latest of dozens of states to move toward a planned economy. That’s not how the Republican governors leading these initiatives describe them, but that’s what they’re doing. Leading...
View ArticleThe Rebirth of Austrian Economics
Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important?...
View ArticleThe Miracle and Morality of the Market
One of the great fallacies arrogantly believed in by those in political power is the notion that they can know enough to manage and command the lives of everyone in society with better results than if...
View ArticleGovernment Ignores Human Nature – And Warps The World With Its Ignorance
Socialism doesn’t work because it tries to root out human nature. Capitalism works because it harnesses it. We are capitalists, conservatives and federalists in part because we acknowledge and...
View ArticleAustrian Monetary Theory vs. Federal Reserve Inflation Targeting
One of the leading policy guideposts for central banks and many monetary policy proponents nowadays is the idea of “inflation targeting.” Several major central banks around the world, including the...
View ArticleInterest Rates Need to Tell the Truth
In the middle of July 2018, President Donald Trump said in an interview that he was “not happy” with the Federal Reserve nudging up interest rates and threatening economic growth in the United States....
View ArticleThe Myth of Aggregate Demand and Supply
It has been more than 80 years since the beginning of the Keynesian revolution in economics with the publication of John Maynard Keynes’ The General Theory of Employment, Interest, and Money in 1936....
View ArticleMinimum Wage and the War Against Economics
In light of the recent “national” strike conducted by 0.09% of fast food workers in the US, many op-eds and commentaries have been penned by economists trying to justify the strikers’ demands. Most of...
View ArticleDemocrats’ Climate Change Emphasis is Hurting Their Own
The Democrats think that climate change is a winning issue for them in 2014—and, if they handle it correctly, this could be a winning issue for the Republicans. Nothing comes out of the Obama White...
View ArticleRepublican Governors Take Up Economic Central Planning
Indiana is only the latest of dozens of states to move toward a planned economy. That’s not how the Republican governors leading these initiatives describe them, but that’s what they’re doing. Leading...
View ArticleThe Rebirth of Austrian Economics
Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important?...
View ArticleThe Miracle and Morality of the Market
One of the great fallacies arrogantly believed in by those in political power is the notion that they can know enough to manage and command the lives of everyone in society with better results than if...
View ArticleGovernment Ignores Human Nature – And Warps The World With Its Ignorance
Socialism doesn’t work because it tries to root out human nature. Capitalism works because it harnesses it. We are capitalists, conservatives and federalists in part because we acknowledge and...
View ArticleAustrian Monetary Theory vs. Federal Reserve Inflation Targeting
One of the leading policy guideposts for central banks and many monetary policy proponents nowadays is the idea of “inflation targeting.” Several major central banks around the world, including the...
View ArticleInterest Rates Need to Tell the Truth
In the middle of July 2018, President Donald Trump said in an interview that he was “not happy” with the Federal Reserve nudging up interest rates and threatening economic growth in the United States....
View ArticleThe Myth of Aggregate Demand and Supply
It has been more than 80 years since the beginning of the Keynesian revolution in economics with the publication of John Maynard Keynes’ The General Theory of Employment, Interest, and Money in 1936....
View ArticleThere Will Be No Recovery Without Production
Through most of the coronavirus crisis, those who have made the case for stay-at-home, reduce or stop work, and narrow the range of retail shopping to assure “social distancing” to reduce the spread of...
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