News Story of the Day: Who is a currency manipulator? You may have to wait to find out who the U.S. government considers is a currency manipulator until after the 2020 election. Treasury Secretary Steven Mnuchin is reportedly going to wait to release the semi-annual report. Two countries have been floating around as of late: […]
Austrian Economics
Yes, the Nazis were socialists
By: David Gordon In “No, the Nazis Were Not Socialists,” which appeared online in Jacobin, the philosopher Scott Sehon makes a surprising claim. In the course of criticizing some remarks by Senator Rand Paul, Sehon says, Paul seems to quote the mid-century economist Ludwig von Mises: Under national socialism there was, as Mises put it, “a superficial system […]
WATCH: Tom Woods destroys the COVID-19 dystopia
It would be entirely understandable if you were worried about the coronavirus back in February, March, or even April. However, if you’re still concerned about it today, a virus that has a fatality rate in the U.S. of 0.02 percent, then you have fallen for media propaganda. COVID-19 has destroyed the livelihood of millions of […]
We’re all Austrians now?
By: Andrew Moran “We’re all Keynesians now” had been the academic and political edict of the 1960s and 1970s following a series of interventionist economic measures by Presidents Lyndon Baines Johnson and Richard Nixon that altered the complexion of the United States. The U.S. government abandoned any semblance of respect for the conservative traditions, while embracing the […]
How bad is the U.S. economy without stimulus?
Fiscal stimulus talks fail, market tanks. Fiscal stimulus talks back on, market rallies. Rinse and repeat. The financial markets had a roller coaster ride this week because of President Donald Trump canceling and then restarting fiscal stimulus negotiations. But how bad is the U.S. economy and the overall stock market if they rely so much […]