The “bottom 99%” aren’t losing to markets: they’re losing to the Cantillon effect.

Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money…

“77 percent of [Republicans] support the war, on average. But that’s exactly what we’d expect for almost any Trump policy.”

Is the state necessary? In this week’s Friday Philosophy, Dr. David Gordon follows Aeon J. Skoble’s argument that we can do without…

“Wright’s use of the word “unlikely” was a veiled concession that a spike to $200 was possible, though he repeated that the…

In commemoration of Murray Rothbard’s 100th birthday, Bob shares five “greatest hits” from Rothbard’s economics, covering deficits vs. inflation, monopoly theory, excess…

Growth in gross domestic product was down sharply from 4.4% in last year’s Q3 and 3.8% in Q2. The fourth-quarter number was…