Thomas Jefferson: First Inaugural Address, March 4, 1801
FRIENDS AND FELLOW-CITIZENS,Called upon to undertake the duties of the first executive office of our country, I avail myself of the presence of that…
What the Conservatives Get Wrong about the French Revolution
By Ryan McMaken The thing we now call “conservatism” in the West largely comes out of a reaction against the French Revolution and other…
Tracing Jefferson’s Libertarian Thought in the Declaration of Independence
By Joshua Mawhorter The period from 1765 to 1776 witnessed escalating political, constitutional, and military tensions between Great Britain and the American colonies. Much…
Intellectual Property versus the Unrealized
By Per Bylund Why would anyone invest large sums of capital into creating something new of uncertain income? This question captures the core of…
Sound Money, Artificial Intelligence, and the Pope
By Brendan Brown How to safeguard the human person in the time of artificial intelligence? It is hardly a surprise that Pope Leo XIV…
There Is No Reprieve in the Fed’s War on Savings
By Attila Rebak There is a particular kind of financial wisdom that used to be passed down at kitchen tables. A grandparent, someone who…
A Schumpeterian Analysis of the Eurobond Scandal through Rothbard’s Cui Bono
By George Omondi Ojwang’ Joseph Schumpeter, in Capitalism, Socialism and Democracy (1942), offered a starkly realistic definition of democracy: it is not the rule of the…
Price Inflation Accelerates as Wars and Deficits Expand
By Ryan McMaken Fears over price inflation returned in a big way this week as bond yields rose in the wake of recent government…
Today’s AIs Show the Marginal Revolution’s Unfinished Business
By Joakim Book For a brief moment starting in the 1870s, economics was close to becoming a genuine science of human action. Carl Menger…
Fortune Through Labour
“Tu fortunam laboribus indages”, what a Tuscan city can teach us about the cultural roots of capitalism and the challenges they face today. By…