Many economists claim that economic growth is driven by increases in the total demand for goods and services, additionally claiming that overall output increases by a multiple of the increase in expenditures by government, consumers, and businesses. Thus, it is not surprising that most economic

Bob goes solo to discuss a recent Twitter controversy, in which opponents of a proposed tax argued that unrealized capital gains couldn't possibly be a form of income. Bob cites both Austrian theory and corporate accounting practice to respond that all capital gains are income,

In his important book The Failure of American Conservatism (2023), the political theorist and philosopher Claes G. Ryn offers some criticisms of libertarianism and free-market capitalism, and in this week’s column, I’d like to examine these. Ryn is not an opponent of all forms of the

Even though many deny it, the “Great Reset” exists, referring to a set of ideas that range from “stakeholder capitalism” to “wokeness” and “fourth industrial revolution” to “transhumanism.” It is effectively popularized especially through the World Economic Forum. The fight against viruses and epidemics and

To save our economy from destruction and from the eventual holocaust of runaway inflation, we the people must take the money-supply function back from the government. Money is far too important to be left in the hands of bankers and of Establishment economists and financiers. To

For most of the past century, Argentina has seen the destruction wrought by collectivism. To reverse the damage, the nation must allow decentralization, beginning with free cities. Original Article: Why Argentina Needs Free Cities

While economics textbooks are weak on causes of the Great Depression, American history texts are even worse. It's time for some truth telling. Original Article: History vs Economics: Explaining the Causes of the Great Depression

When it comes to housing, the solution to the problem of affordability is rather straightforward: build more. Slapping price controls on housing in the form of “rent control” only makes things worse. Original Article: Resurrecting the Failed Policy of Rent Control