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Will inflation turn into stagflation? With inflation hitting 40-year highs, it’s the question of the hour. Currently, Wall Street and the Fed are saying no, forecasting a respectable 3.7% real for 2022, 2.7% for 2023, and 2.3% for 2024. These aren’t epic prints,

Classical liberals and libertarians, especially those who admire the works of the famous legal theorists and economist F.A. Hayek, are fond of pointing out that a free society requires the rule of law. Others, critical of this political tradition, note, however,

While geopolitical commentators are fixated on Russia’s border with Ukraine, a more interesting development is slowly boiling underneath the surface of the Russo-Ukrainian conflict that could potentially reorder international relations—namely, the death of the North Atlantic Treaty Organization (NATO). Founded in

The eurozone’s annual price inflation rate hit 5 percent in December 2021 and (as of this writing) the consensus is for 5.1 percent in January 2022. Eurozone industrial producer prices were up 26.2 percent in 2021. This has been pressuring the

The student of economics is invariably taught a certain mythology about the history of the study of business cycles. That mythology holds (a) that before 1913, nobody realized that there are cycles of prosperity and depression in the economy—instead, everyone

Last Sunday, US regulators suspended avocado imports from Mexico after a US inspector in Michoacán allegedly "received a threatening message on his official cellphone."  The US government claims this alleged threat was the catalyst for the ban, since, according to the US

On February 14, Canadian deputy prime minister and minister of finance Chrystia Freeland announced a government crackdown on the now infamous “Freedom Convoy 2022.” Freeland stated, “If your truck is being used in these illegal blockades, your corporate accounts will be frozen,

Lord Acton was one of the greatest classical liberal historians of the nineteenth century, but his view of the War between the States has in some circles occasioned dismay. Acton, in a letter of 1866 to Robert E. Lee, said,

What is the relationship between Weimar Germany and Wall St. of the late 90s? On the surface, what could be more different? Stock market booms are the best of times while hyperinflation is a nightmare. In a previous essay, I presented

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Ash Navabi, a Canadian economist. Ash breaks down the differences in culture and political traditions between the US and Canada, and offers his take on the