Yes, the US Government Has Defaulted Before
The regime is trying to whip up maximum hysteria or the chances that the US government could default on its
The “True” Money Supply: A Measure of the
The “True” Money Supply (TMS), developed by Professor Murray Rothbard and myself,1 is an admitted imperfect attempt to provide a
Record Low Unemployment Indicates Trouble Ahead
Mark Thornton discusses the history of record low unemployment rates and the business cycle. See “Unemployment Rate” (UNRATE) from the
Why Mises’s Theory of Economic Calculation Still Is
Until the publication in 1920 of Ludwig von Mises’s work on the problem of economic calculation in socialism, there was
Managing Money Is as Important as Making It:
Lacking a solid team is a recipe for organizational failure, and those intending to excel in business—or any other sector—must
The Fed’s Portfolio Is Nonexistent: The Fed Does
Every so often, I check my investment portfolio to see how it is doing. (I stay out of stocks these
Subsidizing Higher Education Is Not Creating Widespread External
President Biden’s student debt relief proposal created a storm of controversy. That is not surprising, since it was a transparent
Why This Recession is Different
Back in January Jeff Deist joined the Austrian Economics Discord Server for a live event concerning trends in 2023. Jeff
Ominous Parallels Reconsidered
Forty years ago, I reviewed Leonard Peikoff’s Ominous Parallels very negatively, and with one exception, of which the less said,
It’s Never Too Late to Begin Protesting against
Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message in a recent tech