ANational Terrorism Advisory Service bulletin released last week identified the number one terroristic threat to Americans as “the proliferation of false or misleading narratives, which sow discord or undermine public trust in U.S. Government institutions.” Free speech, and specifically...

We live in the age of rampant (monetary and price) inflation, more frequent economic crises, chronic deficit spending, unpayable debt, and massive financial bubbles. That's not accidental. That's consequential. This fact and the many economic,...

Why do individuals assign a greater value to gold than to bread, when bread seems to be more “useful” than gold? To provide an answer to this question economists refer to the law of...

Many readers will already know that Ludwig von Mises considers the Nazi economy to be a form of socialism. In the Nazi system, private property in production goods existed in name only. The ostensible...

On November 15, 2021, the Austrian government ordered a lockdown for the unvaccinated. This drastic step occurred after citing low vaccination rates and the goal to decrease the risk of transmission by unvaccinated people. Just a...

David Friedman recently posted a critique of Austrian economics as laid out in the Rothbardian tradition. In his essay, Friedman repeats a claim he has made before—namely that economists used to agree with the Austrians that utility...

The news from Italy has started to sound like good incipits for a dystopian fantasy novel or like a déjà vu recalling the Soviet Union. A couple of weeks ago, a new decree of the Draghi government...

Most commentators are currently preoccupied with large increases in the Consumer Price Index (CPI), which is labeled as inflation. The yearly growth rate of the CPI stood at 7.0 percent in December against 6.8...

The history of economic development cannot be understood without the importance of recession periods. Recessions are often the result of the excess accumulated in previous years. Creative destruction after a period of excess used...

Woke supremacy has been taking a toll on Western civilization. The casualties of wokeness are too many and sundry to track. But we should not forget that wokeness was first germinated in higher education, from...