U.S. Economy

The US trade deficit is an American problem. It is the result of insufficient savings at home and a widening budget deficit. 

Murray Rothbard, writing in 1971, blasted both the Nixon administration and the erstwhile "free-market" conservatives, basking in the seats of power, who betrayed whatever principles they may have had for the service of the state.

Ryan McMaken and Tho Bishop talk about this year's Austrian Economics Research Conference.

Ryan and Tho look at the economic consequences of Russia's invasion of Ukraine.

This week, Jeff and Bob discuss oil prices. Why are gas prices spiking in the US, and what are D.C. politicians planning for oil companies?

Jeff and Bob discuss Biden's SOTU, the immorality of sanctions, and Fed chair Powell's pregnant comments.

Periods of hyperinflation are also periods of mass insanity, writes Robert Blumen.

The 1970s were the turning point in the wrong direction. Under Keynesian guidance, gold was abandoned, prices increased, and the dollar rapidly depreciated.

So many to choose from but Scott Trask picks ten of the most glaring economic errors that have bespotted the history of American economic policy.

A reduction in unemployment is not the key factor for economic growth. Rather, it is saving that is instrumental in the expansion and the enhancement of the production structure.