Is deflation bad for the economy?
byBy Dr Frank Shostak It is maintained by most experts that a general fall in prices labelled as deflation is “bad news” for the…
Price Inflation Accelerates as Wars and Deficits Expand
byBy Ryan McMaken Fears over price inflation returned in a big way this week as bond yields rose in the wake of recent government…
Friedrich A. Hayek on “The Meaning of Competition,” 80 Years On
byEighty years ago, on May 20, 1946, Austrian economist Friedrich A. Hayek delivered at Princeton University what, in my opinion, was one of his…
Today’s AIs Show the Marginal Revolution’s Unfinished Business
byBy Joakim Book For a brief moment starting in the 1870s, economics was close to becoming a genuine science of human action. Carl Menger…
Speech in Brussels on the Cost of Bureaucracy
byI recently gave this talk at the Free Market Roadshow in Brussels, talking through the cost of bureaucracy in Europe and elsewhere. The whole…
Speech in Tirana on Robotics, AI and the Future of War
byI recently gave this lecture in Tirana on AI and robotics in warfare – even with the developments in Ukraine and elsewhere, most people…
A great deal of ruin
by“There is a great deal of ruin in a nation.” “I sit in one of the divesOn Fifty-second StreetUncertain and afraidAs the clever hopes…
Will there be a boom after Gulf War Three?
byWith the Third Gulf War raging since late February, the prophecies of economic doom have been rolling in ever since. Iran’s economy is predicted…
The true tax reduction is reduction in government outlays
byBy Dr Frank Shostak Projects that the government undertakes are likely to be of a questionable nature. The fact that the private sector did…
Speech in Budapest “Is the West in Civilisational Decline?”
byMax Rangeley speech in Budapest, “Is the West in Civilisational Decline?” – in this speech I talk through different theories of the rise and…