Legal SystemHistory of the Austrian School of Economics
Anti-gun claims about suicides in gun-heavy Western states don't add up.
Taxes and SpendingU.S. EconomyU.S. HistoryFiscal Theory
Protectionism and Free TradeTaxes and Spending
Trump's new tariffs just happen to protect certain industries that are big political donors.
Labor and Wages
With tariffs, favored industries receive more and the entrepreneurs receive less, lowering their profits and making them less likely to take future risks.
Austrian Economics OverviewPolitical Theory
The FedMoney and Banking
A fall in prices is the manifestation of real wealth expansion. General price inflation, on the other hand, results from monetary pumping.
History is an easy subject to teach if you are intellectually lazy. It is the most challenging subject if you care about understanding causes and effects.
Labor and WagesValue and Exchange
There is only one way that leads to an improvement of the standard of living for the wage-earning masses: an increase in the amount of capital invested.