I have long argued that Austrian economics should be developed not as an alternative to the current academic discipline of economics but as a replacement for it.
Category:
World News
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The challenge facing economic science is to counter the reactionary counterrevolution by states and governments that smother voluntary cooperation and free human interaction based on liberty. The chains must be…
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Most Americans think of Abraham Lincoln in hagiographic terms, the man who “saved” the United States from destruction. A closer look gives us a different picture of “Honest Abe.” David…
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Has the statist tide turned from where we were culturally and politically four years ago? Or is this just a temporary lull before the political culture takes another hard left…
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Why do we study history? Some study it as a way to confirm their own political ideologies, something that often happens when historians look at the US Civil War and…
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Unrestricted birthright citizenship is increasingly rare, and with only a few exceptions, it persists only in countries with negative or near-zero rates of in-migration.
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Without the discipline of profit-and-loss, the desires and goals of the bureaucrats, limited only by the prescriptions and budget of the legislature, necessarily guide policy.
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How did the US go from a nation that revered liberty to one with despotic governance? While political forces already were trying to push the US in a direction of…
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Pundits have labeled piggy banks small change, irrational and wasteful, “just sitting around doing nothing.” As usual, they are wrong.
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The incoming Trump administration promises to levy new tariffs and other trade restrictions, along with subsidies for favored industries. This latest version of “industrial policy” will bring the same outcome…