A. Bimetallism Government imposes price controls largely in order to divert public attention from governmental inflation to the alleged evils of the free market. As we have seen, "Gresham's Law"—that an artificially overvalued money tends to drive an artificially undervalued money

In the past few weeks, I’ve been involved in an email exchange about the differences in methodology between the Austrian school and the Chicago school. The correspondence has revealed some surprising misunderstandings of a key Austrian view, demonstrated preference, and

The grossly misnamed Equality Act is a government attack on the rights of private property, freedom of assembly, freedom of association, free enterprise, and freedom of contract. According to the official summary of bill (H.R.5): This bill prohibits discrimination based on

In the first Radio Rothbard of 2022, Ryan McMaken and Tho Bishop discuss the regime's portrayal of the one-year anniversary of January 6. While most Americans may care more about kitchen table issues than Washington's hysterics, already we have seen the state

1. Ends and Means The result sought by an action is called its end, goal, or aim. One uses these terms in ordinary speech also to signify intermediate ends, goals, or aims; these are points which acting man wants to attain

A certain meme has become popular among advocates of both gold and cryptocurrencies. This is the “Fix the money, fix the world” meme. This slogan is based on the idea that by switching to some commodity money—be it crypto or

An abstract state is built on patriotism. And when patriotism becomes "the highest of all virtues and the source of all the remaining ones,” states can get away with almost anything. Original Article: "'The State' Is an Abstract Idea. So How Is

With his arrival to the office, Chile’s newly elected president, long-time outside opposition leader Gabriel Boric, has vowed: “If Chile was the cradle of neoliberalism, it will also be its grave.” While the term suffers for want of a clear definition,

Like many others, Mises anticipated the outbreak of World War I years in advance. Unlike many others, he dreaded it. He was a Lieutenant of the Austro-Hungarian Army and dearly loved his country, but he was no chauvinist and despised the