Two prophetic 19th century anti-socialist satires
The Marxist Left in the Labour Party and elsewhere always embraces with naïve enthusiasm new revolutionary socialist regimes, most recently the one in Venezuela,…
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Beyond GDP to a New Road to Serfdom
It is a commonplace that there is more to life than money and the material benefits that it may provide someone. We often make…
Read MoreThe Imperial Presidency Embodies Political and Economic Hubris
Historian Arthur M. Schlesinger coined the term “imperial presidency” in the 1960s. It was meant to indicate that the role of the president of…
Read MoreThe psychology of systemic consensus
We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed…
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Some Comments on “Economics for the Many” Edited by John McDonnell
Economics for the Many Ed John McDonnell Verso Books 2018 Democratising Economics in a Post Truth World By Antonia Jennings …
Read MoreLiberal Capitalism as the Ideology of Freedom and Moderation
Nowadays, many along the political spectrum seem to agree that America increasingly has become a polarized society. Ideological and public policy discourse has been…
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Fireworks
“A key prediction of traditional economics.. is that the economy as a whole must at some point reach equilibrium – a prediction made by…
Read MoreWhy Luxury Goods Make Everyone Better Off
Ryan McMaken Listen to Ryan McMaken’s commentary on the Radio Rothbard podcast. One of the more persistent myths about capitalism is that wealth and resources…
Read MoreEconomic Thought in Ancient Greece
The intellectual odyssey that laid the foundations for Western civilization began in classical Greece. Unfortunately, Greek thinkers failed in their attempt to grasp the…
Read MoreElementary approaches on Freedom
by Michael Messal Source: https://www.austriancenter.com/elementary-approaches-on-freedom/ “Freedom is just another word for nothing left to lose.”i This quote from the song “Me and Bobby McGee by…
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