Dorothy and her companions in the movie The Wizard of Oz feared lions and tigers and bears as they journeyed through the
Advocates of unbacked paper money claim that theirs is the “civilized” choice, as opposed to gold, or what Keynes called “that barbarous relic.”
Many economists believe that inflationary expectations cause general increases in prices. For instance, if there is a sharp increase in oil prices,
Forget the other mainstream explanations for interest. Time preference explains this phenomenon and gives a true picture of why interest exists in
Are the chickens coming home to roost for the US Treasury? As Ryan McMaken noted in a recent Mises Wire article, the
The traditionalist author Álvaro d’Ors emphasized in his work that the political thought of Rome was essentially stateless as it had a
As this author previously has noted, the ideology of statism is responsible for much of the violence that plagues the world. We
Two weeks ago, I wrote about the problems with Joe Manchin’s argument that Congress needs to reject the “extremism” in its ranks
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very,
For many economists, economic growth is a mystery. By “economic growth,” Shawn Ritenour has principally in mind economic progress in the less
