In a recession or a crisis, the right approach for individuals is to save. So too for the national economy. Saving does
Bastiat emphasized that much of what goes on in the economy involves things we don’t see directly. Intermediaries often fall into Bastiat’s
No one can legitimately create a monopoly on ideas. The problems of freedom are solved with more freedom and worsened with less.
From the perspective of the state, the ideal society is one composed of single parents raising a small number of children in
Some modern historians claim they are “doing science.” However, Ludwig von Mises in Theory and History decried what he saw as “scientism”
Dr. Hülsmann offers his concluding thoughts on his debate with Philipp Bagus regarding the monetary consequences of closing the central bank of
The data the Fed does have is presenting a picture of an uneven and wobbly economy. Job growth beat expectations last month
The government failed to govern, but not by mistake, it was fully incentivized to do so.
Huckabee lobbied for Pollard's release from prison, arguing that it's no big deal to spy for Israel which is supposedly "an ally."
It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is