The Austrian School’s Critique of Marxism
According to Mises, socialism would be bound to fail not because of morality but because of insuperable intellectual difficulties, writes Eugen-Mar
Other Schools of Thought
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The Bad Word
Fascism's roots are not indigenous to Italy but are to be found in all Western societies; the New Deal is but one example.
When Iceland Totally Froze
When the dust had settled, the crisis had wiped out trillions of dollars of investments, and the previously well-functioning credit markets had stalled.
Use the Dollar or Else
Look up the phrase “a unique form of domestic terrorism” on a search engine and you will turn up a story about a man whom the US governmen
Democracy and Liberty
It is generally accepted that a government can enslave the citizens — unless it is a democratic government. Mistake!
Public Service Is an Ignoble Calling
It's difficult to say "Bush School of Government and Public Service" aloud without gagging.
Government Spending Is Bad Economics
Government is a large disequilibrating force on the market. It forcibly redistributes economic goods and distorts the continuous process of coordination.
World War II Did Not End the Great Depression
The illusion of wartime prosperity is rooted in how national income was calculated and in how the statistics were compiled.
Introduction to ‘Great Wars and Great Leaders’
From the 18th century to our own time, the liberal tradition has stood firmly against war, based both on principle and on the reality of how and wh
On Doing Something About It
If a prominent politician hires a hall to make a speech, stay away; the absent audience will bring him to a realization of his nothingness, writes
