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Friedrich August von Hayek (1899-1992)

BiographiesHistory of the Austrian School of Economics

Peter Klein discusses the contributions of economist F. A. Hayek.
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The Unemployment Rate

Big GovernmentFree MarketsU.S. Economy

Mark Thornton explains why the government's latest unemployment numbers are a sham, and the labor market is nowhere near recovered.
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Taxing Cryptocurrency

Big GovernmentFree MarketsTaxes and SpendingInterventionism

Jeff Deist explains some of the compliance burdens of the IRS's latest guidelines for cryptocurrency and other electronic media of exchange.
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Inequality and Capital

Free MarketsTaxes and SpendingU.S. EconomyPrivate Property

Mark Thornton critiques Thomas Piketty's recent bestseller, and explains why capitalism is not the problem, nor are taxation and redistribution of wealth the solutions.
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Common Sense on Inequality

Free MarketsAustrian Economics OverviewOther Schools of Thought

Peter Klein talks about inequality—how people are different, what determines income and wealth on the free market, why elites are so excited about Thomas Piketty's new book on capital, and how attempts to reduce aggregate inequality through progressive taxation are fraught with difficulty.
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White House Touts Federal Stimulus Success

Big GovernmentFinancial MarketsU.S. EconomyInterventionism

Joe Salerno dismantles the Council of Economic Advisers' latest report touting the success of the 2009 stimulus, five years later.
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Bitcoin and Central Banking

Big GovernmentFree MarketsGlobal EconomyMoney and BanksInterventionism

Peter Klein answers a viewer's question, and discusses a critical battle between technology and ideology.
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Final 2013 GDP Numbers

Big GovernmentFinancial MarketsU.S. Economy

Mark Thornton explains why the latest government GDP numbers are bogus.
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How Do We Stop Rising Healthcare Costs?

Big GovernmentFree MarketsHealthU.S. EconomyInterventionism

Peter Klein articulates several reasons why our current "Healthcare System" is so expensive, and explains how only the free market can halt the escalating costs.
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