U.S. HistoryMoney and Banking
Contrary to popular thinking, the velocity of money is not a key factor in understanding price inflation.
Global EconomySocialismCapital and Interest Theory
Oil prices did not cause the Venezuelan crisis. Nor can oil now be its cure.
Austrian Economics OverviewOther Schools of Thought
Bureaucracy and Regulation
The Trump administration has done little to undercut the federal government's huge bureaucracy.
Money and BanksMoney and Banking
Our inflationary financial system benefits the wealthy at the expense of the poor.
Taxes and SpendingFiscal Theory
This year, we’re giving away booklets of Hoppe’s essay “Social Democracy” to all our supporters who give $25 or more.