Intermediate

Robert Murphy explains how traders make money in a world of uncertainty and diabolical risk.

Because Federal Reserve policies distort the economy and create perverse incentives, Disney also must deal with intellectual property issues. The combination of the two will ruin the Snow White story.

While most economists admit that value is subjective, they still err by concentrating on scarcity and choice instead of purposeful action by individuals.

Two Austrian economists from Sweden provide commentary on the Swedish central bank's choice for this year's economics Nobel Prize.

Christianity Today magazine enthusiastically endorses government-enforced family leave, calling it “pro-family.” Government coercion, however, is still violence, not something to be championed.

David Gordon explains Murray Rothbard's famous assertion that laws against libel and slander should not be on the books.

Most people will claim to be political and social “moderates” yet actually accept extreme socialist viewpoints.

The boom-and-bust cycles are not natural to a market economy, contra Keynes. Instead, government through monetary manipulation creates them—and then politicians blame markets themselves.

Even when Congress tries to restrict government agencies from illegally gathering information on people, the agencies simply exploit legal loopholes or just break the law—without consequences.

Popular economic thinking holds that consumer spending is the most important driver of the economy. Actually, demand can’t exist without something first being supplied.