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Austrian School

What We Can Learn from the "Easy" Work Schedules of France's Hibernating Farm Workers

Peasants in pre-industrial societies often worked fewer hours than modern-day workers. They also had a shockingly low standard of living.

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Kentucky Teachers Want a Taxpayer Bailout

Taxes and Spending

Blog8 hours agoTroy Vincent

The success of the private sector precedes the ability to have any employment in the public sector at all. But teachers want the private sector to pay until it hurts.

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The Group vs. the Collective

Philosophy and Methodology

04/18/2018BooksLudwig von Mises

We are told the individual must subordinate himself for the good of the group. But who shall lead this group? And to what end?

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Yes, Economic Laws Still Apply to the Minimum Wage

Bureaucracy and RegulationValue and Exchange

Blog04/18/2018Per Bylund

Noah Smith has written yet another "popular" column challenging established economics assumptions. But he's really only appealing to his reader's established biases.

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Introduction to the Civil War

U.S. History

04/18/2018Audio/VideoChris Calton

Chris Calton introduces the third season of Historical Controversies.

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Can Freedom Survive Without the State?

Private Property

04/18/2018The AustrianDavid Gordon

Ferguson concludes an orderly society requires a strong state, but more insightful readers might draw a different conclusion from his critique of the state.

Formats

The Austrian 4 no. 2 2018.pdf

PDF (10.75 MB)

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Trump Nominates Another Obama-Approved Federal Reserve Nominee

Federal Reserve

04/17/2018Power & MarketTho Bishop

In no area has President Trump differed more from his campaign rhetoric than the field of monetary policy. Yesterday Trump announced the nominations of Richard Clarida and Michelle Bowman to the Federal Reserve Board of Governors, with the former to fill the role of Vice Chair. Clarida’s...

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Why Governors Should Veto National Guard Deployments More Often

Decentralization and SecessionTaxes and SpendingWar and Foreign Policy

Blog04/17/2018Ryan McMaken

California's governor refuses to send National Guard troops to the border on Trump's terms. State governments should refuse to send troops far more often than this.

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America Picks a Fight With its Largest Foreign Creditor

Money and BanksMoney and Banking

Blog04/17/2018Doug French

Pursuing a trade war with your largest creditor, whose also on the edge of insolvency, is a recipe for financial meltdown.

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Bring Back Interest Rates!

Money and BankingUS Economy

04/17/2018Power & MarketJeff Deist

Let interest rates rise. Better yet, let interest rates function in the marketplace, wholly independent of central bank attempts at rate-setting or targeting.

How? Not through a laughably small and slow process of Fed tapering, but through a wholesale and aggressive selloff of assets...

What We Can Learn from the "Easy" Work Schedules of France's Hibernating Farm Workers

Ryan McMaken

Peasants in pre-industrial societies often worked fewer hours than modern-day workers. They also had a shockingly low standard of living.

Why Governors Should Veto National Guard Deployments More Often

Ryan McMaken

California's governor refuses to send National Guard troops to the border on Trump's terms. State governments should refuse to send troops far more often than this.

Trump’s Disastrous Syria Attack

Ron Paul

There are many questions that need to be asked about the situation in Syria. But the Trump administration has no interest in asking them.

Low Unemployment Is Not the Cause of Inflation

Frank Shostak

An overheating economy emerges once expenditure rises without being backed up by production, a situation that emerges when the money stock is increasing.

Kentucky Teachers Want a Taxpayer Bailout

Troy Vincent

The success of the private sector precedes the ability to have any employment in the public sector at all. But teachers want the private sector to pay until it hurts.