Critics of the free market often aim at the wrong target. They assail the market for “failures” that are actually the result of government intervention in the economy. In this week’s column, I’d like to discuss an example of this mistake in Angus Deaton’s Economics

"Econ Bro" (who wishes to remain anonymous) is a Nigerian scholar who realized the limits of his conventional economics training and then discovered the work of Murray Rothbard and other Austrians. He now seeks to help his country and the world by spreading the truth. Econ

President Biden claims that spending money to send weapons and ammunition around the world is good for the US economy. Original Article: Don't Fall for Biden's Latest Talking Point

“Whenever and however [government] is instituted, the people must cede to it some of their natural rights in order to vest it with requisite powers.” (emphasis added) —John Jay, “Federalist No. 2” “Like breathing, [government] is not permitted to depend on our volition. Necessity will force it

Thanks to the exponential growth of government and regulation, the optimistic society of Back to the Future is fast becoming the dystopian world of Escape from New York or Death Wish. Original Article: Back to the Future Morphs into Dystopia

At the end of September, I reported how a recent article in the Army War College academic journal examined lessons learned from the war in Ukraine and that one of the most concerning was the claim that the military might need to reinstate the draft

This article is a brief analysis of the US economic situation from the point of view of the Austrian School of Economics. It is strictly macroeconomic: a deductive hypothesis of what is happening in the aggregates. Let us place ourselves in the months immediately after the