The Mistaken Identity of Prediction Markets
Mainstream finance regularly confuses finance, insurance and betting. The Austrian School provides the tools to understand their differences.
Doubts About Trump’s Iran Strategy Spread Among Troops
Troops are now saying "’ We do not want to die for Israel." Unfortunately, many American boys will likely be forced into
Rothbard on Interventionism: Writing the Last Chapter of Economic Theory
Professor Joseph Salerno traces how Rothbard's mastery of the praxeological method led him to the controversial but logically airtight conclusion that business
Americans now fighting for Saudi dictators in the Middle East
Dictator Mohammed bin Salman has convinced Trump to help the anti-Christian, absolutist Saudi dictatorship " remake the Middle East."
Heads I Win, Tails You Lose: When Every Market Outcome Is Called a Failure
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Scarcity and the Machine: Opportunity Cost in the Age of Artificial Intelligence
For more than two centuries, the doomsday crowd has claimed that capital development will create mass unemployment. And for two centuries, they
The Iran War Brings More Inflation and New Strength to the Yuan
Beyond the initial oil shock, the Iran war is also laying the foundation for ongoing monetary inflation and price inflation, with no
On the Shoulders of Shrinking Giants
Professor Lucas Engelhardt examines how mainstream economics has deliberately abandoned the history of economic thought, and why Austrian economists must keep teaching
Our Train Trip to Political Hell
All aboard! Government policies are moving us down the tracks into proverbial political perdition. This is a ride many of us would