Intermediate

While F.A. Hayek is known for his term “spontaneous order,” Mises saw institutional development as coming from growth in human understanding of things.

Marxists and leftist progressives have falsely tried to label anything associated with capitalism and free markets as "fascism." The same goes for political decentralization.

The state is held together by violence and nothing else. There is no such thing as "the social contract." But even violence cannot make a state last past its time, as we saw with the USSR.

Obamacare's forced electronic medical recordkeeping is denying patients the care they need.

More than forty years ago, Aleksandr Solzhenitsyn urged his fellow Russians “not to live by lies.” In our politicized age, his words ring truer than ever.

The call for "price stabilization" was part of the recent Republican debate. Despite its attractive appearance, having the Fed try to "stabilize prices" is a very bad idea.

There are no more rabbits for the Fed monetary magicians to pull out of their hats. In an economy addicted to artificially low interest rates, any more moves by the Fed will trigger an economic downturn.

While Leo Strauss did not share G.W.F. Hegel's acceptance of historicism, nonetheless he gives Hegel a sympathetic review. David Gordon takes a closer look at both men.

The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.

Economists and political elites fondly claim that economic growth is due to increased technological knowledge. That is only partly true.