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Austrian economists provide a comprehensive explanation for the value of gold and sound money, emphasizing subjective value, historical context, and essential monetary principles.
Economists Gene Epstein and David Friedman debate the merits of the Austrian and Chicago schools of economics.
In recent months, I have been hearing from so many people that feel like they are drowning financially
Everyone who argues for the free market over government involvement in the economy has heard this common comeback: "Who will build the roads?" Sometimes, the question is sincere and deserves to be answered with patience.
Everyone who argues for the free market over government involvement in the economy has heard this common comeback: "Who will build the roads?" Sometimes, the question is sincere and deserves to be answered with patience.
Why is CNN suddenly highlighting an Austrian free-market economist?
"Read Ludwig von Mises, Motherf**kers!" - Brazilian UFC Fighter's Victory Speech Pumps Austrian Economics
The Murray N. Rothbard Memorial Lecture, presented by J. Michael Oliver, and sponsored by Steven and Cassandra Torello
Stockholm fired a shot across the Establishment bow by recognizing Hayek, but it was an honor the great man from Vienna richly deserved.
Argentina's newly elected President Javier Milei has promised to privatize state firms and slash jobs and spending. But his cuts may be painful for many Argentines.
Argentina just elected Javier Mileu, a Libertarian that the MSM really HATES, as their president. He's anti-socialism, pro-Austrian economics, and pro-freedom from China. Here's what this means for the rest of the world.
DIFFERNT
Austrians, like myself, have always understood that eventually Inside Money fails because it is ultimately nothing more than a Ponzi Scheme built on top of Outside Money -- money that exists outside the financial system, like commodities and bitcoin
It's called "demand destruction" and will be catastrophic.
It has finally been released. Bob Murphy and Jordan Peterson. If I recall, it was scheduled to be released about a month ago.
Austrian school economists have long demonstrated that monopolies only tend to form as a result of government intervention, and "natural monopolies" have virtually never actually existed.
The ECB's "war on cash" has been raging for years.
... to What Is Coming!
On July 6, 2020 I posted my extended view and analysis why the 3rd quarter US GDP would falter–and lead to a W-shape recovery, as it typical of all Great Recessions.
