President Trump’s latest national security initiative is unlikely to make the US secure from outside danger. For that matter, Trump’s own internal policies are making this country less secure.
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Ever since independence more than 40 years ago, Zimbabwe has been wracked with socialism, inflation, and corrupt political leadership. Yet, there is a way forward for the nation, if Austrian…
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World News
In the New Year, We Will Hear Even More Environmental Doom Because the Doomsday Industry Never Rests
A wearisome part of modern life is the incessant chants of “doomsday” from intellectual, academic, political, and media elites. That their six decades of predictions all have been wrong only…
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In this week’s Friday Philosophy, Dr. David Gordon assesses the “libertarian” foreign policy prescriptions of Murray Rothbard and David Freidman. Naturally, Rothbard’s view—built upon principles of natural law—stands above Freidman’s…
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From an Austrian perspective, the Panic of 1893 provides key lessons, but this consequential panic has not received as much direct attention as it deserves.
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This week, Bob talks with macroeconomist Roger Farmer—who places himself “between Keynes and Hayek”—about how twentieth-century macroeconomics evolved.
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” A dollar saved in 1913 retains roughly $0.03 of its original purchasing power. The M2 money supply has expanded from approximately $15 billion to over $21 trillion…”
Romina Boccia Debates over Social Security reform in the United States are often framed around financing tweaks rather than first principles. Proposals to lift or eliminate the payroll tax cap,…
World News
The Illogic of Reparations: Historical Standards, Selective Memory, and the Logic of Victory
Demands for Americans to pay reparations to descendants of chattel slavery in America have been growing. The case for reparations, however, has always been weak and illogical.
If Iranian authorities kill protestors, the US will ‘come to their rescue’, Trump says.