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Economics’ greatest unsolved mystery, finally explained.

Mainstream economists claim that understanding and observing reality is not really “doing economics.” Instead, they believe that all we need...

Mark Thornton argues modern politics is a power struggle run by elites—and that Austrian economics explains both the rigged system...

Forget equity and fairness and reducing so-called wealth gaps. The current “tax-the-rich” movement is driven by an unspoken pathology: envy.

Comparing Sanders to fascism may seem unusual, but it should not be forgotten that the main leaders of Italian fascism,...

While the pundits are insisting that the late Alan Greenspan was a committed free market adherent, his actions throughout his...

While the pundits are insisting that the late Alan Greenspan was a committed free market adherent, his actions throughout his...

Were stronger central government under the Articles of Confederation and a central bank really necessary to win the American Revolution,...

Kevin Warsh's hawkishness is theater. Every Fed chair comes in tough. The Fed's real mandate is financing government debt and...

Ryan McMaken looks at the little known (in America) secessionist war for self-determination fought by French counterrevolutionaries against the French...