The sooner we stop conflating “technology” with “coin,” the sooner we will have a better understanding of what is and is not sound money.
U.S. HistoryWar and Foreign Policy
Thanks to markets, living standards continue to go up globally, although many predicted that the earth was going to run out of resources decades ago.
Protectionism and Free Trade
Why attack the most vulnerable in our society, who benefit enormously from inexpensive imported retail goods?
Entrepreneurship can be both productive and unproductive — and even destructive — depending on the effects of public policy.
The new issue of the Quarterly Journal of Austrian Economics is now available online.
Money and BanksCapital and Interest Theory
The Fed's policy of price stability, as in the 1920s, may catch economists again unaware of the damage inflicted by this policy.
Money and BanksU.S. HistoryMoney and Banking
Naturally, Fed chairmen claim they are never influenced by politicians who threaten them. But it would by naïve to take this at face value.