Editor's Pick
Modern neoclassical economics is based upon the physical sciences, which Austrian economists recognize is an inappropriate way to explain economic phenomena. Ludwig von Mises...
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Was Paul Heyne an ethicist who thought like an economist or was he instead an economist who thought like an ethicist? It was a...
While China has made great strides economically since the days of Mao, nonetheless, there remain a number of weaknesses in the economy. While we...
William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the...
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to...
Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.