News
Money Does Matter: The End of the Gold Standard Led to a Lower Standard of Living
On August 15, 1971, Richard Nixon announced that the US dollar (USD) would no longer be redeemable in gold. This was supposed...
Read more
Falling Military Recruitment Is Another Sign of Waning Faith in the Regime
The US Army reports it is having some serious problems when it comes to recruiting new soldiers. Last month, according to...
Read more
The New Green Economy Is Little More than a Keynesian Spending Scheme
Advocates of the New Green Deal emphasize new "green jobs" and other benefits, but the NGD is basically a Keynesian...
Read more
Public Goods, Streetlights, and Paying Pretty Girls to Walk down the Street
According to many economists, the state is warranted in taxing individuals to provide public goods because a free market in...
Read more
Rick West: When B2B Goes Click-To-Cart
Do the principles of customer value generation that we espouse in our Economics For Business program apply equally for both...
Read more
Can We See the End of the World from Here? Will We Still Feel Fine?
Typical discussions about the fate of our planet center around issues like war, climate change, and sovereignty. Peter Zelhan says "the...
Read more
Germany’s Nuclear Choice: Russian Energy Crisis Forces a Reckoning
“We are the makers of our own fate,” said Christian Lindner (FDP, Free Democratic Party), German federal minister of finance,...
Read more
The Scope and Method of Catallactics
1. The Delimitation of Catallactic Problems There have never been any doubts and uncertainties about the scope of economic science....
Read more
Inflation Makes People Poorer (And It’s the Government’s Fault)
When inflation hits, we see higher overall prices for everyone. But inflation hits lower-income people the hardest, and they bear...
Read more
Is a Recession Simply a Decline in GDP? What Does That Mean?
According to the National Bureau of Economic Research (NBER), the institution that dates the peaks and troughs of the business...
Read more