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The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity...
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World News
Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it...
World News
Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal...
World News
Ryan and Zachary Yost look at some of the ways Trump’s foreign policy might actually be a step in the right direction.
World News
The Perfect Market Hypothesis claims that all movements in the market can be considered as random, as market players and prices adjust immediately to...
World News
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have...
World News
What Murray Rothbard used to call the “Old Right” stood for liberty, freedom of speech, and a free economy. Most importantly, they stood for...
World News
Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have...
World News
There is good evidence that the Skyscraper Curse is dead. But what does that mean? Are historical changes are in the works?
World News
While people knowing the history of the Austrian school of economics are familiar with the School of Salamanca, it turns out they were influenced...
World News
The Salamanca School is known for important contributions to free-market economics and the Austrian School. The Bolognese jurists also made key contributions.
World News
When our ruling classes speak of “believing in democracy,” they are speaking of a romantic version of a form of governance that, in real...
World News
It is understood that Marx’s theories stand entirely upon his Labor Theory of Value. If that theory is discredited, so is the scenario that...
