Friedrich von Hayek’s Lecture Upon Winning the Nobel Prize in Economics
byGiven the rampant expansion in central planning we have seen in recent years, it is worth reading this lecture given by Hayek when he…
The Welfare State Prolongs Recessions
byMany economic pundits predict that the United States and much of the world is either in a recession or about to enter one, depending…
“The Road to Serfdom”: Exploring F.A. Hayek’s Key Concepts in Economic Freedom
byCelebrating its 80th anniversary since initial publication, “The Road to Serfdom” continues to remain relevant in today’s discourse when it comes to economic freedom…
Is the assumption of money neutrality valid?
byBy Dr Frank Shostak By popular economics, the key for businesses success is that they must pay attention to consumers’ wishes as manifested by…
HOMELAND ECONOMICS: IS THIS THE END OF THE AGE OF GLOBALIZATION?
byWritten by Mohamed Moutii In the aftermath of the Cold War, a global village was emerging, driven by a belief in market power and…
The Fed Has Busted Housing Bubble 2.0
byAuthor: Jon Wolfenbarger As Austrian Business Cycle Theory explains, big-ticket capital expenditures are heaving influenced by interest rates, as we discussed here. Since housing is…
How the Fed Caused America’s Great Depression
by[This review of Rothbard America’s Great Depression was originally published by the Foundation for Economic Education.] By Roger Garrison It may not be conventional to review…
Is the high level of debt a major economic risk factor?
byBy Dr Frank Shostak According to the British newspaper Daily Mail from February 8 2024 the US debt bomb is on the verge of…
The Death of Easy Money Has Been Greatly Exaggerated
byReports on the death of the present cycle of politically motivated monetary easing, in the words of Mark Twain, grossly exaggerated. Contemporary market analyses…
Why Americans Do Not See a Strong Economy
byThe euphoria with the fourth quarter Gross Domestic Product (GDP) figure makes no sense. The headline champions say that real GDP increased at an annual rate…