Unjust Reparations Will Not Empower Justice
With Kamala Harris announcing she is open to imposing “reparations for slavery” if elected president, it is time to take a hard look at the injustice that would be part…
Why Austrian Business Cycle Theory Is Better than Keynesianism
As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way.
More Federal Environmental Regs Won’t Fix the Immigration Problem
Opponents of President Biden‘s immigration policies have resorted to suing the Environmental Protection Agency to claim mass immigration harms the environment.
Four Years of Biden’s Foreign Policy Failures
Anthony Blinken‘s term as US Secretary of State will be ending, although not soon enough.
Austrian Business Cycle Theory ABCT is Better than Keynesianism
As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way.
The Abortion Lobby Wants Taxpayer-Funded Abortions
Amendment 79 isn’t about legalizing abortion. It’s about ripping off the taxpayers.
Who Sets the Prices for Goods?
The common perception is that businesses set prices at a level that always earns them profits. However, as Carl Menger first pointed out in 1871, the process of determining value…
Boom Versus Growth: Why the ABCT Is Superior to Keynesianism
As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way.…
Was Ricardo’s Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?
In this episode, Murphy clarifies what is right and wrong on comparative advantage.