In 1871, Carl Menger gave what still is the best explanation of diminishing marginal utility. What was true in 1871 is true ...

Mutual aid societies once were an important part of the US social landscape. Africans can benefit from the same movements—provided their governments get out of ...

After several days of increasing threats against Iran, including social media posts like “FINISH THE JOB!” and “Take the oil.

It is not enough to treat property as a default state of nature that will eventually assert itself and merely needs to be ...

Quinn Slobodian’s Hayek’s Bastards suggests a connection between Austrian economics and a new wave of authoritarianism and ...

Last week, more than 50,000 people illegally entered the Spanish exclave city of Ceuta, which normally has a population of ...

In spite of the GOP's feigned dismay over Morocco's weaponization of migrants against Spanish exclaves in North Africa, US ...

Fauci is back in the limelight after the release of his diary before a Senate hearing last week. And that’s good, because the career of Anthony Fauci can teach ...

The federal government aid program in one part of the economy creates a problem. Washington policymakers see a new problem.

U.S. crude oil supplies have fallen to their lowest level in 45 years as President Donald Trump continues to wage war against Iran.

Japan is selling U.S. bonds and that's not great for the U.S. because it lowers bond prices and raises yields. In other words: higher interest ...

The Fed is a total failure, from start to finish. The emperor has no clothes. It depends on printing vast amounts of money to ...