Median Household Wealth in America Is Going Nowhere

U.S. EconomyU.S. History

Blog6 hours ago

As of 2016, median wealth in the United States was still near 1983 levels.

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Does Justice Qualify as An Economic Good?: A Böhm-Bawerkian Perspective

Legal SystemHistory of the Austrian School of Economics

9 hours agoQuarterly Journal of Austrian Economics
Böhm-Bawerk unerringly centered his analysis on basic problems in the theory of economic goods. It constitutes a dazzling achievement.
Formats

qjae2_1_2.pdf

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Ready for Some Good News?

Global Economy

Blog09/20/2018

We're clearly better off than our grandparents in many ways. But now we have to be sure not destroy the progress that's been made.

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Frank Fetter and the Austrians

BiographiesHistory of the Austrian School of EconomicsOther Schools of Thought

Blog09/20/2018

Fetter is mostly neglected today, but he had a powerful influence on practically every Austrian economist in the first half of the 20th century.

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In Socialist Venezuela the Poor Starve to Death While the Politically Powerful Feast

Big GovernmentGlobal EconomySocialism

Blog09/20/2018

While the outrage over Maduro’s dinner with "Salt Bea" is well deserved, it's just a taste of how socialism actually operates in the real world. 

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30 Years Later: Margaret Thatcher’s Vision for Europe Revisited

Protectionism and Free TradeWorld History

Blog09/20/2018

Thatcher's infamous yet magnificent "Bruges speech," which was far from being anti-EU, was a stark warning against Brussels' power-grabbing central government.

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Socialism and 'Social' Justice

Philosophy and MethodologyPolitical Theory

09/19/2018The Journal of Libertarian Studies
Hayek was forced to conclude that the term "social justice" was "entirely empty and meaningless” and is generally used to assert a claim without giving a reason for it.
Formats

11_2_2_0.pdf

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Central Planning Failed in the USSR, but Central Banks Have Revived It

Money and BanksMoney and Banking

Blog09/19/2018

When I left Soviet Russia in 1991, I thought I would never see a command-and-control economy again. I was wrong. Over the past decade the global economy has started to resemble one.

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