News
Four-Letter Economic Words
2+ hour, 52+ min ago (342+ words) In this episode, Mark Thornton offers a practical "seven-word" framework for navigating economic life, especially when policy chaos and uncertainty make long-term planning harder. Mark connects everyday action (work, learning, planning, saving, spending, giving, and prayer) to core Austrian themes:…...
Capitalism Is Not to Blame for Wokeness
1+ day, 3+ hour ago (497+ words) In an article published by Chronicles, titled "Wokeness and Capitalism," Neema Parvini argues that "the woke prerequisites " mass immigration, feminism, equality laws, etc. " are the inevitable fruits of capitalism." He argues that capitalism "pretends to make individuals "sovereign" after drawing…...
The European View of Debt, Deficits, and Inflation
1+ day, 10+ hour ago (1635+ words) Italian economist Bernardo Ferrero joins Ryan McMaken to discuss the state of European politics over taxes, spending, inflation, and fiscal and monetary policy. Do Europeans claim to care about deficits and debt like Americans? Ferrero is a PhD candidate in…...
The GDP Illusion: Surging Statistics Hide Pain for Average Americans
1+ day, 13+ hour ago (540+ words) The economy is actually booming.Richard Bernstein, guest on CNBC, January 15, 2026 The US economy just delivered a shock. Third-quarter gross domestic product grew at a 4.3% annualized pace, far exceeding expectations and marking the biggest expansion in two years.Nicole Goodkind,…...
Surviving Capitalism: The Scarcity Advantage
3+ day, 9+ hour ago (195+ words) Capitalism constantly observes how people behave when resources are limited, when opportunities look attractive, and when risks remain invisible at first sight. Those who behave responsibly survive, while those who behave recklessly are eventually eliminated. To understand this difference, one…...
Christine Lagarde to leave ECB before the end of her 8-year term
3+ day, 9+ hour ago (136+ words) European economists regard Spain's former central bank governor Pablo Hern'ndez de Cos and his Dutch counterpart Klaas Knot as top picks to become the next ECB president. The story of Anil Ambani destroys the belief that capitalism automatically favors the…...
Can We Go Back to the Gold Standard?
3+ day, 13+ hour ago (403+ words) The Gold Standard Act of 1900 formally established the gold dollar as the standard unit of value for the United States. This mandate fixed the value of the dollar in terms of weight and purity, defining it as 25.8 grains of 90 percent…...
Monetary Decay and Imperial Survival
4+ day, 9+ hour ago (130+ words) The story of Anil Ambani destroys the belief that capitalism automatically favors the rich and excludes the poor. Once a billionaire, he made a series of bad business choices and the market punished those choices. Capitalism favors good choices. Thoughts…...
Why Mises's The Theory of Money and Credit Is Still Important Today
4+ day, 9+ hour ago (1004+ words) This is a review of Ludwig von Mises's book The Theory of Money and Credit. All investment strategies, principles, and recommendations discussed are those presented in the book and reflect the author's views, not my personal advice. If you've ever…...
Understanding Argentina's Decades of Economic Crises
1+ week, 1+ day ago (600+ words) Given that President Milei's policies appear to be working, and that he is himself a strong advocate of Austrian economics, I believe the best approach is to actually analyze the situation from an Austrian perspective. Principally, what most mainstream economists…...