An Unprecedented Monetary Destruction Is Coming
If the government really believed you would be better off and more prosperous with their policies, they would encourage free speech because everyone would value their welfare improvements. They need…
The Ruling Elites Create an Orwellian Reinterpretation of Human Rights
Not satisfied with the capture of most of our institutions, the ruling elites have gone full Orwell in redefining the term “human rights.” It is their own version of Newspeak.
Privatize Federal Lands
The US federal government is the nation’s largest landlord and still owns 28 percent of the land in the US. The time has come for large-scale privatization.
Why Marx Was Wrong about Workers and Wages
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding…
Understanding the Real Costs of Slavery: It’s Not Cheap labor
The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave…
The Bolognese Jurists behind the Proto-Austrians of the Salamanca School
The Salamanca School is known for important contributions to free-market economics and the Austrian School. The Bolognese jurists also made key contributions.
Do Financial Markets Immediately Provide All Relevant Information?
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to new information. However, market players do…
The Rebellious Old Right
What Murray Rothbard used to call the “Old Right” stood for liberty, freedom of speech, and a free economy. Most importantly, they stood for peace, all in contrast to the…
Marxism as Sophism: A Critical Examination of Labor as a Commodity
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding…