Carl Menger and the Sesquicentennial Founding of the Austrian School
There are few works in the history of economics that may be truly considered “revolutionary” and “path-breaking,” in its starting premises, its logic, and…
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Why Hayek was Right About Nazis Being Socialists
Words are powerful things in that they enable us to share a common world of understanding with our contemporaries and, in the written form,…
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Do Not Trust Governments with the Control of Money
If there one thing that is fairly certain in this life – besides the seeming inescapability of death and taxes – is that once…
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Government Policies Have Worsened the Coronavirus Crisis
Few would disagree that we have been and are living through some unprecedented times in 2020. A global pandemic, government-imposed and mandated lockdowns and…
Read MoreMilton Friedman and the New Attack on Freedom to Choose
We are in the midst of an open counterrevolution against liberty and limited government in the United States. This may sound like strong language…
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America’s Fiscal Follies are Dangerously in the Red
The Congressional Budget Office has recently issued a federal “Budget Outlook Update” for the next ten years in the context of the government’s fiscal condition in…
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Trump’s “American Greatness” Also Political Paternalism
Mind your own business. Every one of us has thought or said words to this effect when others have told us how to live…
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Paul Krugman’s Ad Hominem Defense of Central Banking
One of the sorriest aspects of almost all political discussions nowadays is how often they seem to degenerate into rude ad hominem attacks rather…
Read MoreWhy the dollar bill has value?
Why the dollar bill in our pocket has value? The value of money is established, according to some experts because the government in power…
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Gold and Free Banking versus Central Banking
In spite of the officially declared “independence” of the Federal Reserve from the immediate political control of either Congress or the White House, America’s…
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