Written by Neodoxy for The Voluntaryist Reader. This is an attempt to provide a simple, but extensive introduction to economics and market theory for anyone who is new to the subject or who is trying to better understand the Austrian approach to economics. I also hope that it will prove useful for anyone who could…
Tag: economics
The Economics of World Government
Lecture by Hans-Hermann Hoppe, as published at LewRockwell.com. At the beginning, I want to repeat a few points that I have made in my previous lecture on law and economics, and then I want to get to an entirely different subject than the one that I dealt with in that previous lecture. Because there is…
My Road to Liberty Went Through Economics
Send him mail. “One Improved Unit” is an original bi-weekly column appearing every other Monday at Everything-Voluntary.com, by the founder and editor Skyler J. Collins. Archived columns can be found here. OIU-only RSS feed available here. I understand that many libertarians, including Stefan Molyneux, argue that ethical and moral arguments for liberty are superior to…
Economic Fascism and the Power Elite
Written by David S. D’Amato for Mises.org. The state—the organization of the political means—is the institution that allows an idle, unproductive class of parasites to live at the expense of ordinary, working people, whose means are industrious activity and consensual exchange in the marketplace. We ought not assume, however, that the indigent segment of society,…
The Minimum Wage Harms the Most Vulnerable
Crocodile tears are flowing again for low-income people. In his State of the Union address, President Obama proposed raising the minimum wage from $7.25 to $9 an hour. A debate is shaping up between those who support the proposal and those who favor keeping the wage where it is today. But there are good grounds — for the sake of the poor — to repeal the minimum wage altogether.
Pro-business or Pro-market?
Written by wheylous for The Voluntaryist Reader. One of the main concerns curious people have about libertarianism is that it is pro-business and pro-Big Business. If it ain’t multinational, it ain’t capitalism! But is being pro-market inherently the same as being pro-business? Do libertarians really love large corporations? These are questions that are often ignored,…
Let’s Get Excited About Learning Again
Send him mail. “Insight for the Young and Unrestrained” is an original weekly column appearing every Thursday at Everything-Voluntary.com, by Gregory V. Diehl. Gregory is a writer, musician, educator, and coach for young people at EnabledYouth.com. Archived columns can be found here. IYU-only RSS feed available here. Do you remember when the prospect of trying…
Why Economics Should Matter To You
Written by Riley Risto for LibertasUtah.org. This may be a difficult article for many to read. We like our news spoon-fed and interpreted for us, broken down to the “nitty gritty” of what we think really matters. Rather than take the time to understand the causes of our present state, most simply want to know…
The Gas Price Story of Hurricane Sandy
Written by Jeffrey Tucker for Laissez Faire Today. For those schooled in economics, the gasoline shortage during Hurricane Sandy last November was no surprise. Demand for gas goes up. Supply lines are disrupted. It’s the old supply-and-demand thing. The price goes up. Higher prices attract new supplies from unconventional paths. Prices respond and fall back…
The Austrians Were Right
Written by Harry Veryser, as published at Mises.org. The global economic meltdown that began in 2007 has brought suffering to countless millions. We have all witnessed—and in many cases experienced—the devastation. But it didn’t have to be this way. This kind of financial devastation has been predicted again and again—decade after decade—by proponents of the Austrian School…