Intermediate

The recent attacks by Hamas on Israeli civilians have led to justified outrage. But will Israel's response also kill innocent people? Murray Rothbard has words of wisdom on this subject.

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.

The US government doesn't just blow money in the US. Indeed, the reach of its wasteful spending spans the globe, and Congress seems incapable of stopping it.

Fractional reserve banking allows the Federal Reserve to manipulate the money supply, leading to booms and busts. Central banking is not a defense against business cycles; it is a major cause of them.

American culture wars are not the product of religious fundamentalists or even activist groups. They exist because of state interference in the private lives of individuals.

Some small municipalities in Pennsylvania have disbanded their police departments, so others want to tax them for “depending” on state police. There is an even better course of action: allow private policing.

The affordability crisis is upon us. Housing, food, you name it, life is becoming expensive. The government blames business, but perhaps government officials should look in the mirror.

Infamous hyperinflations like what hit Germany in 1923 did not begin as a flood. Instead, they started as smaller bouts of inflation initiated by governments that printed money to pay for deficit spending.

Governments are fond of accusing private firms of “greed” when prices increase during periods of inflation. However, they fail to tell the public that government services also face price increases.

While politicians like Bernie Sanders and AOC tout the Scandinavian welfare model for the USA, there are a few things to understand about these countries and the economies that support their welfare programs.