Why economic growth causes price decline not increase?
byBy Dr Frank Shostak Some economic commentators are of the view that whenever the economy strengthens it should be the role of the Federal…
Ludwig von Mises and the Austrian Theory of Money, Banking, and the Business Cycle, Part 3
byWhen the English-language edition of Ludwig von Mises’s The Theory of Money and Credit was published 90 years ago, in 1934, the world was in the…
My Most Successful Way to Convert Students to Free-Market Capitalism
byLast weekend, the Libertarian National Convention invited me to give a breakfast address entitled, “My Most Successful Way to Convert Students to Free-Market Capitalism.”…
Ludwig von Mises and the Austrian Theory of Money, Banking, and the Business Cycle, Part 2
byWhen the second German-language edition of Ludwig von Mises’s The Theory of Money and Credit appeared 100 years ago, in 1924, it was less than a…
Ludwig von Mises and the Austrian Theory of Money, Banking, and the Business Cycle, Part 1
byOne hundred years ago, in 1924, the Austrian economist Ludwig von Mises issued a revised German-language edition of his 1912 book Theorie des Geldes und…
Don’t Call It Free Trade
byBy Connor O’Keeffe Earlier this month, The Atlantic ran an article by Rogé Karma arguing that after nearly half a century of commitment to unmitigated free trade, politicians and…
Is The Fed Manipulating the Market?
bySome critics of the Federal Reserve argue that central bankers manipulate the market whenever they adjust interest rates. For example, in an article in…
How the Fed Helped Create the China Bubble—and Bust
byBy Brendan Brown The salvo from Washington as it unleashes the Green War with China leaves no doubt about the perilous state of Sino-US…
Lionel Robbins on the Logic of Choice and a Liberal International Order
byIt is probably not too much of an exaggeration to say that British economist Lionel Robbins (1898–1984) was one of the most influential economists…
The Fed Fears a Bond Meltdown
byBy Daniel Lacalle The money supply (M2) has bounced to March 2023 levels and has been rising almost every month since October last year….