Inflationary Expectations Do Not Cause Inflation
Many economists believe that inflationary expectations cause general increases in prices. For instance, if there is
As the US Treasury Runs Out of Creditors, Its Options Dwindle
Are the chickens coming home to roost for the US Treasury? As Ryan McMaken noted in
Time Preference Is the Key Driver of Interest Rates
Forget the other mainstream explanations for interest. Time preference explains this phenomenon and gives a true
Should We Embrace the Stateless Roman Political Thought?
The traditionalist author Álvaro d’Ors emphasized in his work that the political thought of Rome was
Statist Ideology and War: Israel versus Hamas
As this author previously has noted, the ideology of statism is responsible for much of the
Progressive Interventionism Is Ruining American Healthcare
Two weeks ago, I wrote about the problems with Joe Manchin’s argument that Congress needs to
The Power of Austrian Causal-Realist Analysis
For many economists, economic growth is a mystery. By “economic growth,” Shawn Ritenour has principally in
There’s No Easy Way Out of This Debt Spiral
The new problem we now face arises from the fact that huge deficits are only manageable so
Remembering the Great Henry Hazlitt on His Birthday
November 28 marks the 1894 birth of one of American history’s most prolific public intellectuals—Henry Hazlitt.
October’s Sobering Jobs Report Adds to Mounting Bad Economic News
Data on employed persons, wages, and other measures point to trouble ahead in an economy already