Bastiat Predicted the Baby Formula Crisis 170 Years before It Happened
The current baby formula shortage in the United States is a pressing crisis, and many in the media have been rushing to explain how such a…
House Price Fallacies
Some interesting data on housing prices in the United Kingdom(1) was recently published by Savills, one of the world’s leading property agents. The important…
James Turk: Natural Money
“The Earth speaks to us through the elements of nature. In every natural thing, we can find a hidden, powerful message.” Ralph Waldo Emerson…
Price Indexes Aren’t Accurate Measures of Inflation
“Inflation” is back in the headlines, and a lot of nonsense is being said about it. Without much thought whether it makes sense or…
What Popper Learned from Hayek
Hayek brings Popper closer to the Austrians in asserting the limits of science and quantitative methods in investigating the objects of the social sciences.João…
Zero Hedge: The “True” Inflation Rate Is 13.2% – Censorship-Resistant Price-Tracker Built On Blockchain
With the official inflation (CPI) rate at +7.9% year-over-year – a 40-year-high – one could be forgiven for believing that the government’s statistics are…
The Fed Can’t Fix the Economy, but It Can Break It
Source: https://mises.org/wire/fed-cant-fix-economy-it-can-break-it The Federal Reserve states that it “conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in…
Review of Why It All Goes Wrong! by Gareth Seward
Why It All Goes Wrong! serves as a short introduction to the Austrian Business Cycle Theory and many important concepts of the Austrian School…
It Didn’t Begin with FDR: Currency Devaluation in the Roman Empire
The phenomenon of currency devaluation and its consequences is a process that not only occurred in modern times, but has much deeper roots, going…
Forget the Official Numbers: Inflation Is Much Higher
Unless the government puts a stop on spending and the Fed retires the printing press, continuous inflation is on the horizon.Simon Sarevski Usually preceded…