No, Tariffs Did Not Cause September’s Budget Surplus
byBy Ryan McMaken According to the Treasury Department’s monthly report for September, the budget deficit turned positive last month, with tax receipts coming in at…
October, 2025
Prominent Personalities Sign Letter Seeking Ban On ‘Development Of Superintelligence’
byAuthored by Andrew Moran via The Epoch Times, Hundreds of people, from conservative commentators to prominent tech executives, have signed a letter seeking a ban on…
Scholastic roots of President Javier Milei
byby Jesús Huerta de Soto Today we are awarding the “Escuela de Salamanca” prize to the President of the Argentine Nation. His four predecessors…
Innovation is not the key driver of economic growth
byBy Dr Frank Shostak This year the Nobel Prize in economics was awarded to Joel Mokyr, Philippe Aghion and Peter Howitt for having explained…
Britain’s Double Bind: Inflation, Productivity, and the Limits of Monetary Policy
byWhy Procrustean Politics Undermines Growth and How the SHIFT and LEAP Frameworks Offers a Path to Sustainable Prosperity By Elias Sanchez and Ritvik Verma…
Money supply not corporate profits the key driver of price increases
byBy Dr Frank Shostak Some commentators are of the view that an important driver in the increases of the prices of goods is businesses…
Quis custodiet ipsos custodes ?
by“He smiled and shook his head. ‘I can’t pay it. It is too much.’” “Critics are men who sit and watch a battle from…
The Nature of Bureaucracy
byBy George Ford Smith “The need to limit the discretion of subordinates is present in every organization.”— Ludwig von Mises, Bureaucracy “General Turgidson, I find…