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You do not defend a world that is already lost. When was it lost? That you cannot say precisely. It...

According to Ayn Rand’s ethics, the only basis for value is an individual’s survival as a rational being. In order...

The Human Action Podcast wraps up the year with none other than the venerable Professor Paul Gottfried! This is our...

Your gift will help us do more in 2022. With your gift of $25 or more, you will receive a copy...

First, we must define inflation: it is the increase in the quantity of money, currency, and credit. It is not...

"Public money is like holy water. Every man helps himself." ~ Italian proverb...

By popular thinking, the key driver of economic growth is increases in the total demand for goods and services. It...

As a libertarian, I have long objected to being characterized on a left-right political spectrum (as with studies of political...

[Excerpt from Murray N. Rothbard, A History of Money and Banking in the United States: The Colonial Era to World...

In his writings, the leader of the monetarist school of thinking, Milton Friedman, blamed central bank policies for causing the Great...