Does the Central Bank Determine Interest Rates?
A common belief among economists is that the central bank determines what interest rates should be. But is that accurate? Indeed, there is more to the story.
A common belief among economists is that the central bank determines what interest rates should be. But is that accurate? Indeed, there is more to the story.
One sign of a fraying society is that its laws increasingly become political tools. The latest round involves Democrats trying to use criminal law in a very questionable way to…
Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices, private property rights, and profits and…
Modern American culture is statist to the core. The typical school curriculum tells students that capitalism is evil and socialism is good, be the school private or government. And the…
On this day 106 years ago, the warring parties of World War I agreed to an armistice, ending more than four years of slaughter in the trenches. As Ludwig von…
Mainstream economists often base their analysis upon assumptions that do not square with reality. Austrian economics, on the other hand, is built upon realistic assumptions and the acknowledgement that good…
While many are busy offering intellectually-deficient reasons as to why Kamala Harris lost—sexism, racism, Nazism, hatred of democracy—Lipton Matthews explains some simple truths as to why Harris lost.
Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism, one must first be grounded in…
While most of us know George Orwell as an authoritative critique of totalitarianism, few people know he was a committed socialist and a lifelong defender of communist Leon Trotsky. While…