Posts related to economics.
Part 5: Honest Weights or Counterfeit Crowns: Why Hard Money Liberates and Fiat Exploits Few Austrian proposals provoke as much fury from the political left as the demand for sound money. When Austrian economists advocate for one hundred percent reserve…
Part 4: Who Owns the Earth? Why Property Rights, Not Bureaucrats, Heal Creation Environmental collapse is the ultimate trump card in modern political debate. Critics of Austrian economics argue that while free markets might efficiently produce smartphones and tennis shoes,…
Part 3: Silicon Leviathan: Why Central Planning Fails Even in the Age of Supercomputers For nearly a century, the Austrian school of economics has stood on a bedrock truth established by Ludwig von Mises and Friedrich Hayek: without private property…
Part 2: Scarcity Is Not Slavery: Why Wage Labor Liberates and State Privilege Exploits At the heart of Austrian economics sits a simple observation: whenever two peaceful people make a trade, both expect to walk away better off, or else…
Part 1: Data Without Dogma: Why Austrian Economics Anchors Empirical Data in Human Nature Walk into almost any university economics department or central bank research office today and bring up the Austrian school of economics. Within minutes, you will hear…
False Weights and True Stewardship: Testing Modern Economic Theories Against Scripture and Liberty Every economic policy begins with a claim about who owns you. Before a politician drafts a tax bill or a central banker adjusts an interest rate, they…
What if choices matter? For decades, policy experts have debated why intergenerational poverty persists in the richest nation on earth. Billions of dollars in government interventions are poured into antipoverty initiatives each year, yet generational poverty remains remarkably entrenched in…
Let’s pay everyone, and then collect enough taxes from the productive for it. What could go wrong? Anyone who has spent ten minutes looking at the American safety net knows it is completely broken. Right now, the federal government runs…
What if there isn’t actually a gap? Few economic charts circulate with more indignation than the famous “wedge” graph: the line showing worker productivity climbing steadily upward since the early 1970s while average wages appear to flatline. For millions of…
If we change the unit of measure… If you walk through a grocery store or look at current mortgage rates and feel like Washington’s official inflation numbers bear zero resemblance to your monthly bank statement, you are not losing your…
