Progressives claim that the state grants us our rights, and that liberty can flourish only in the presence of a powerful state. The truth runs in the opposite direction.

Vegas expected Renato “Sound Money” Moicano to lose his UFC fight against Benoit Saint Denis. Instead, he won and used the opportunity to promote the work of another Austrian economist.…

Einstein’s name is synonymous with brilliance, yet his great intelligence did not translate to logical economic thinking. Instead, Einstein embraced socialism, thinking that one could guide an economy like one…

Trump’s tax reform just replaces one tax with another. And would probably result in higher taxes.

With Kamala Harris announcing she is open to imposing “reparations for slavery” if elected president, it is time to take a hard look at the injustice that would be part…

Jeffrey Miron To a first approximation, economic policies target one of two objectives: efficiency (growing the economic pie) or redistribution (reallocating the economic pie). Alas, most politicians favor the latter,…

James A. Dorn In October 1994, I was a visiting scholar at Fudan University in Shanghai. During my stay, I gave a series of lectures and received the Chinese edition…

Amendment 79 isn’t about legalizing abortion. It’s about ripping off the taxpayers.

The common perception is that businesses set prices at a level that always earns them profits. However, as Carl Menger first pointed out in 1871, the process of determining value…

As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way.