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Jordan Peterson is turning his eye toward Austrian economics. Unlike the many conservatives who see free market advocacy as some sort of "dangerous fundamentalism," Peterson seems to get it. Original Article: "Jordan Peterson on Austrian Economics: Free Markets Are 'Profoundly Equitable'" This

An old joke expresses one of the most common criticisms of the free market. “What is the most beautiful word in the English language? Cash.” The free market, it is alleged, has no place for values that have no price

Our friend Saif, known to the world as Dr. Saifedean Ammous, joins Jeff and Bob Murphy for a demolition of the pseudo-economics behind Green energy. Read Saif's The Fiat Standard: Mises.org/FiatStandard Saif's paper 'Energy Systems and the Knowledge Problem: The Case of

The conventional view among mainstream economists, as presented by Milton Friedman, is that three factors determine market interest rates: liquidity, economic activity, and inflationary expectations. In this viewpoint, whenever the central bank raises the growth rate in the money supply by buying

How can we explain that the currency whose issuer has made the biggest inflationary mistake of all during the pandemic is the strongest (the US Consumer Price Index is up over 8 percent year on year), while that where the inflationary

By now, it should be abundantly clear to all that the official US regime narrative on Ukraine is that one is supposed to be in favor of Ukrainian political independence. That is, we’re supposed to support the idea that Ukraine

With both Democrats and Republicans predictably falling over each other to increase US defense spending, what serious commentary and debate exists primarily focuses on how best to effectively allocate the additional billions of taxpayer dollars to be dumped into the black

The seeming prosperity and glittering power of Spain in the 16th century proved a sham and an illusion in the long run. For it was fuelled almost completely by the influx of silver and gold from the Spanish colonies in

The Western sanctions against Russia seem to shock very few Westerns. Yet, for several reasons, these sanctions should at least be the subject of lively debate in Western societies. Firstly, these sanctions are illegal from the standpoint of international law (only

Michael Rectenwald takes on the progressive canard of "socialism for the rich, capitalism for the poor," in which the government protects the wealthy but throws everyone else to the tender mercies of rapacious capitalism. Original Article: "The Great Reset VII: Capitalism