Economics

"Yes, the stock market is going up now... just like it did right before the 2007 market crash. And by March 2009 it had lost 54% of that value. History is repeating itself."

By now, we’re sure you’ve heard some type of amazing, almost too good to be a true story about marijuana transforming someone’s life. The...

The Austrian schools of economists, which include H. L. Mencken, Ludwig Von Mises, Freidrich A. Hayek, Henry Hazlitt, and Murray Rothbard, is a group...

"One issue that both the Misesian and Proudhonian varieties can use to promote freedom is the deregulation of the banking industry."

I continue to see a lot of people all over the internet say that we need to "bring these jobs back from China, and...

This article was initially posted on The Principled Libertarian. We received permission from the author to re-post the content here. Please visit The Principled...

"The reality is that some professions – due to technological, social or cultural advancements have gone the way of the dodo. Although labor shortages and unemployment aren't an issue specific to any single industry, these issues are no more prevalent in the retail sector."

"...This expression fundamentally disturbs my understanding of economics and in exploring the term and its implications and after due consideration I wonder if we can either correct the language being used or restrict the referencing of MMT to fiat forms of money..."

The science of human action, better known as praxeology, is of a different character than the physical sciences. It is our best explanation of...

"Just because the observations are correct does not mean that the prescriptions will automatically be correct as well. It’s the difference between the facts and the arguments," writes Killian Hobbs in this week's Bad Arguments