Theory and curve fitting
byBy Dr Frank Shostak By popular thinking, our knowledge of the world of economics is elusive – it is not possible to ascertain how…
Economics
AI Policy Educational Videos
byA few years ago we were given funding by the Journal of Artificial Intelligence, the oldest and most prestigious of all the AI journals,…
The Beginnings of a Reborn Austrian School of Economics
byFifty years ago, on October 10, 1973, one of the leading members of the Austrian School of Economics, Ludwig von Mises (1881–1973), passed away…
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…