Intermediate

A century ago, Argentina was one of the world's wealthiest nations and the Argentine peso rivaled the dollar. Today, Argentina is famous for periodic hyperinflation.

Modern Western culture is dominated by demands for "social justice." But how does one even define this term, and does social justice even produce justice in the end?

It is the right of the consumer, not the regime, to determine what lighting sources work best for them.

Another mass shooting, another call for gun control. However, when it comes to mass killings, Washington sets the sorry example.

Contrary to the worldview of progressives, taxation and the coercion it brings are not part of a "social contract." Instead, they are implemented by force.

As the US government debases the dollar, other nations take notice and possibilities increase that another currency based on sound principles might emerge.

Mises had hoped that democracy would lead to free societies after World War II ended. He did not foresee the illiberal turn in the West in the last decade.

The most popular measure of economic growth is GDP. However, GDP movement is driven by changes in the money supply, not real economic factors.

Austrian business cycle theory points out that easy money leads to malinvestments. Once easy money disappears, the crash begins. Time to clean up malinvested assets.

Austrian economics is not dry theory. It helps us make sense of our world and shows that exchange and production have a place in our moral universe.