Debt, tariffs, and money printing: Mark Thornton explains how the policy machine rewires markets, and why metals and commodities react first.
World News
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Governments at all levels abuse their “privilege” of eminent domain, the taking of private property for government use. Murray Rothbard understood that government was not justified to seize property for…
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This week, Bob walks through Javier Milei’s 2026 address to the World Economic Forum, explaining the Austrian and neoclassical ideas behind Milei’s defense of capitalism—from Rothbard and Kirzner to Pareto…
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Keynesians claimed that stagflation—rising price levels and increasing rates of unemployment—couldn’t happen. Then it happened time and again, something predicted and coherently explained by Austrian economists.
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Whatever positive economic changes the Milei government might have made in Argentina, the country is still not attractive for new capital investment.
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When government equipment isn’t enough, the free market comes to the rescue.
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The current outburst of protests against President Trump’s enforcement of immigration laws is overshadowing a question that is not being asked: Can we defend having national borders in the first…
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Before Murray Rothbard, there was Albert Jay Nock laying intellectual broadsides against the tyranny of the state. While Nock (unlike Rothbard) never called for total abolishment of the state, he…
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Whatever positive economic changes the Milei government might have made in Argentina, the country is still not attractive for new capital investment.
