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Friedrich August von Hayek (1899-1992)

BiographiesHistory of the Austrian School of Economics

Peter Klein discusses the contributions of economist F. A. Hayek.

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The Unemployment Rate

Big GovernmentFree MarketsU.S. Economy

Mark Thornton explains why the government's latest unemployment numbers are a sham, and the labor market is nowhere near recovered...

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Taxing Cryptocurrency

Big GovernmentFree MarketsTaxes and SpendingInterventionism

Jeff Deist explains some of the compliance burdens of the IRS's latest guidelines for cryptocurrency and other electronic media of exchange...

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Inequality and Capital

Free MarketsTaxes and SpendingU.S. EconomyPrivate Property

Mark Thornton critiques Thomas Piketty's recent bestseller, and explains why capitalism is not the problem, nor are taxation and redistribution of wealth the solutions...

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Is Marijuana Legalization Really a Disaster?

Big GovernmentHealthInterventionism

Mark Thornton responds to former DEA administrator Peter Bensinger's claim that the legalization of marijuana is a "disaster"...

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Final 2013 GDP Numbers

Big GovernmentFinancial MarketsU.S. Economy

Mark Thornton explains why the latest government GDP numbers are bogus.

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Common Sense on Inequality

Free MarketsAustrian Economics OverviewOther Schools of Thought

Peter Klein talks about inequality—how people are different, what determines income and wealth on the free market, why elites are so excited about Thomas Piketty's new book on capital, and how attempts to reduce aggregate inequality through progressive taxation are fraught with difficulty...

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The Usefulness of Austrian Economics

Austrian Economics Overview

Peter G. Klein explains how Austrian Economics offers unique insights.

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Problems with the CPI

Big GovernmentFinancial MarketsU.S. EconomyInterventionism

Peter Klein answers a viewer's question, and discusses the growing evidence of asset price inflation...

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