James Turk: Natural Money
“The Earth speaks to us through the elements of nature. In every natural thing, we can find a hidden, powerful message.” Ralph Waldo Emerson…
Price Indexes Aren’t Accurate Measures of Inflation
“Inflation” is back in the headlines, and a lot of nonsense is being said about it. Without much thought whether it makes sense or…
What Popper Learned from Hayek
Hayek brings Popper closer to the Austrians in asserting the limits of science and quantitative methods in investigating the objects of the social sciences.João…
Zero Hedge: The “True” Inflation Rate Is 13.2% – Censorship-Resistant Price-Tracker Built On Blockchain
With the official inflation (CPI) rate at +7.9% year-over-year – a 40-year-high – one could be forgiven for believing that the government’s statistics are…
The Fed Can’t Fix the Economy, but It Can Break It
Source: https://mises.org/wire/fed-cant-fix-economy-it-can-break-it The Federal Reserve states that it “conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in…
Review of Why It All Goes Wrong! by Gareth Seward
Why It All Goes Wrong! serves as a short introduction to the Austrian Business Cycle Theory and many important concepts of the Austrian School…
It Didn’t Begin with FDR: Currency Devaluation in the Roman Empire
The phenomenon of currency devaluation and its consequences is a process that not only occurred in modern times, but has much deeper roots, going…
Forget the Official Numbers: Inflation Is Much Higher
Unless the government puts a stop on spending and the Fed retires the printing press, continuous inflation is on the horizon.Simon Sarevski Usually preceded…
What’s in a Name? Why the Definition of Capitalism Matters
Sometimes people wonder whether philosophy is of any use in understanding daily life. Aren’t philosophers “in wandering mazes lost”? Away with such nonsense, say…
Wales Latest “Experiment” in UBI will Prove Nothing and Here’s Why
Why the most generous basic income scheme ever trialled will only arm sophists. Imagine a government official took one valuable item from each of…