Intermediate

Too many economic commentators claim that monopolies are the cause of inflation. Austrian economic analysis shows that this is impossible.

Leonard Read's famous "I, Pencil" explained the workings of the market in terms of the creation of a simple pencil. However, we should not forget that the reviled fossil fuels are involved at every turn.

Progressives have distinguished themselves in the past half century by being against progress. That trend is unlikely to change.

Yellow Trucking Company has filed for bankruptcy and ceases to exist as a viable firm. Much of the blame is due to the Teamsters Union which has a long a violent history.

The seventy-fifth-anniversary celebration of the British National Health Service masked the real failures of this system, one that only can become worse over time.

Murray Rothbard wrote that egalitarianism was a war against nature. Statism has become a war against reality.

The simplest action of economics—beneficially mutual voluntary exchange—is also its most profound. People serve each other while improving their own lot in life.

The recent actions of the Federal Reserve are reminiscent of central bank activities in wartime.

The activists went from "We want to be left alone to live our lives" to "we want to control your lives too." Now the movement has state power on its side and bullies all opponents. 

Some are claiming that AI can make socialism workable, but even AI cannot take the place of entrepreneurial economic calculation.