What Is the Purpose of Economic Theory?
Mainstream economists believe that economic theory is valid when it “predicts” economic actions or trends. Austrian economists, however, say that the purpose
Mainstream economists believe that economic theory is valid when it “predicts” economic actions or trends. Austrian economists, however, say that the purpose
Like the Biden administration, the European Union elites are seeking to crush free speech on the Internet in the name of preventing
While these students are right to oppose the horrific Israeli attacks on Gaza, many of the protests reflect leftist groupthink and typical
The attempt by the mainstream economics profession to create economic literacy has turned into a movement to promote economic illiteracy.
While Austrian and feminist critiques of neoclassical economics have some similarities, they also differ strongly on important points. Feminist critiques are based
Many economists argue that the economy is growing, and that inflation is a secondary problem. Not for the average American. Citizens are
Remember when inflation was “transitory”? Or when Paul Krugman claimed inflation was “under control”? The numbers keep telling us a different story.
As progressives attempt to redefine racism to fit modern political fantasies, we need to look at historical examples of ethnic discrimination to