Politics
When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That...
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Politics
It is no concern of ours. And this does not mean trying to broker a settlement in the Ukraine war. It means staying out...
Politics
Paul notes that, at the time, the US gold reserves had not been audited in any form in 25 years. That was 2011, and...
Politics
While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was...
Politics
The Ukraine war rages on and while the media and political classes repeat the “Putin started it” mantra, the evidence points elsewhere. The US...
Politics
It is understood that Marx’s theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that...
Politics
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to...
Politics
Politicians have long claimed that states are like big families, and that political regimes rule in ways similar to how parents raise their families....
Politics
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity...
Politics
Many “mainstream” economists are bothered by the popularity of economically-flawed policy proposals like tariffs and price controls. It’s their own fault.
