The Limitations of Economic Laws
Economic laws represent the real world. They are not ideologies or objects of worship. These laws are not the product of an
The Absurdity of Intellectual Property Laws
While protecting "intellectual property" has a good sound to it — even among libertarians — such policies are harmful to authentic property
The Goose That Laid the Golden Eggs
Mark Thornton discusses his new paper on Ludwig von Mises, trade, and human progress.
The Collapse of Real Savings Caused the Great Depression
Contrary to Milton Friedman’s thesis that the decline in the money supply caused the Great Depression, the real reason was the collapse
Biden’s Blarney on Bank Fees
While President Biden’s inflationary economy continues to falter, the president proposes to outlaw bank overdraft fees, ostensibly to help lower-income Americans. Bank
It All Began When the Government Tried to Make Housing More Affordable
The current explosion in rental and home prices is the direct result of government intervention aimed at making it easier to buy
Draghi’s Globalist EU Speech Urges Concentration of Power
What began as supposedly a free trade union has been turning into an authoritarian, interventionist nightmare. A recent speech by a top
The “Equality of Opportunity” Fallacy
A common complaint is that the 1964 Civil Rights Act started in the “right direction,” valuing so-called equality of opportunity, but then
The Impact of Interest Rates on Economic Growth: An Austrian Perspective
Even as the Federal Reserve continues to manipulate interest rates to “fight” the results of the business cycle, Austrian economics teaches that