Can expansionary policies counter recessions?
byBy Dr Frank Shostak Whenever the signs of an economic weakness emerge, most commentators are of the view that the government should relax the…
February, 2022
Difference between growth and progress
byGovernments and central banks are making the mistake of believing that growth in GDP is a primary measure of economic performance. This confuses growth,…
Inflation: The Reality of Modern Economic Life
byLike the need for separation of church and state, we need the separation of the central bank and state if freedom is to be…
Is our knowledge of the economy elusive?
byBy Dr Frank Shostak According to the popular way of thinking, our knowledge of the economy is elusive. Consequently, the best that we can…
End Legal Tender Laws
byMention the term “legal tender” in polite company and most people will resemble a deer in the headlights. In simple terms legal tender is…
Why dollar CBDCs may never happen
byThe Fed has just released its first public consultation paper on a dollar-based central bank digital currency. For many, central bank digital currencies (CBDCs)…
Interview with Chris Phelan
byYesterday, the Bureau of Labor Statistics in the United States announced that inflation for the year to January was 7.5%, the highest rate in…
Government Planning Brings neither Freedom, Prosperity, nor Equality
byAmerica is in the grip of a serious counterrevolution against the ideas and ideals upon which the country was founded. Whether it concerns fears…
Speech at Presentation of the Documentary “Neither Social nor Justice: The Pension Crisis”
byRafael del Pino Foundation (Monday, November 29, 2021, 6:30 pm) [A literal transcription of the words spoken by] Jesús Huerta de Soto My speech…
The UK and its lost opportunities
byTwo years after leaving the EU Britain has made almost none of the promised progress towards economic liberalisation. While Brussels hasn’t been helpful, libertarian…