How to Avoid Depressions? Foster Saving and Investment
In his writings, the leader of the monetarist school of thinking, Milton Friedman, blamed central bank policies for causing the Great Depression of 1930s. According to Friedman, the Federal Reserve failed to pump enough reserves into the banking system to prevent
America’s Radical Revolution and the Constitutional Coup
How did a handful of colonies created by the European Old Order establish a unique nation conceived in liberty? In Episode 2 of the Liberty vs. Power Podcast, Patrick Newman and Tho Bishop discuss the lasting tension between the Spirit of
America’s Wars Are Far More Costly than the Pentagon Admits
America’s decision to withdraw troops from Afghanistan was greeted with disdain in some quarters. But so far, most pundits have explored this debacle from the vantage point of foreign affairs by either lamenting the decline of American influence or lauding
Time Is Running Out!
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Women In Indian Armed Forces: A Long Road to Gender Equity
How often have we heard the phrase that women are physically weak and therefore incapable of protecting their country or that military and war are “men’s work” but Lt Col Mitali Madhumita, Priya Jhingan the first lady cadet to join
The Businessman and the Holy Family
At the heart of the Christmas story rests some important lessons concerning free enterprise, government, and the role of wealth in society. Let’s begin with one of the most famous phrases: “There’s no room at the inn.” This phrase is often
Is the Crack-up Boom Here?
Bloomberg News recently solicited advice from Argentinians who lived through that country’s high inflation on how Americans should cope with rising inflation. The Argentinians suggested Americans spend their paychecks as fast as possible to avoid future price increases. They also
Mandatory Holidays Mean Less Freedom and Flexibility for Workers
One of the things people tend to appreciate throughout the year, and especially during the Christmas season, is statutory holidays. These days off are taken for granted by many, and few people stop to think about whether they have any
Six Powerful Business Insights From Austrian Economics
We’re highlighting six of our 2021 podcasts that have special value for value creators. We invite you to listen to the special year-end podcast, and to sample each of those we’ve highlighted here, review the Key Takeaways we provide as a
Ron Desantis Plans to Revive Florida’s State Militia
Contrary to the conventional wisdom held by talking heads, there is no going back to the days of “decency” and “respectability” politics. The Tweedledee and Tweedledum of political parties discussing mundane issues is becoming an afterthought in the era of