The CPI as Evidence of Methodological Error
byBy Keith Wilkinson Adam Smith’s Wealth of Nations (1776) is considered the beginning of modern economics, a discipline of philosophical and political thought. From Smith to Marx,…
November, 2025
Henry Hazlitt’s Economics in One Lesson at 80
by Dr Richard M. EbelingI first met the free-market journalist Henry Hazlitt (1894–1993) in June of 1974 at an Austrian economics conference in South Royalton, Vermont. I had…
Quantum Adaptation and the Informal Market: A Political-Economic Analysis of Bolivia
by Other WriterBolivia’s informal economy is not a problem—It is a solution to institutional failure By Elias Sanchez This week, Bolivia inaugurated a new president, Rodrigo…
The NBER framework to asses business cycles describes but does not explain
by Dr Frank ShostakBy Dr Frank Shostak In the 1930’s the National Bureau of Economic Research (NBER) introduced the economic indicators approach to clarify the essence of…
Easy Money Breeds Fraud: The Cases of Tricolor and First Brands
by Other WriterBy Artis Shepherd It is an axiom of asset bubbles that—under the bustling surface—widespread malfeasance takes place. This is especially true near the end…
How Common Has Private Currency Been?
by Other WriterBy Lawrence H. White Recently, an investment advisor and Bitcoin proponent tweeted the claim that “[f]or most of human history” the “[s]eparation of money and state was…