Telegraph: Financial crisis shows why we should admire Freidrich Hayek
Professor Philip Booth, from the London-based Institute of Economic Affairs (IEA), had a great post on yesterday's Daily Telegraph blog (UK), discussing why the latest economic crash strongly supports...
View ArticleGeithner Should Read Mises
In his speech on the new bailout strategy yesterday, Treasury Secretary Geithner stressed the complexity of the current situation in our financial markets. Later in his testimony before the Senate, he...
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Meet the Austrians Part 1: St. Thomas Aquinas
The Austrian school of economic thought has made a prominent comeback and has risen to a newfound popularity in our political discourse today. However, but has one ever wondered where did this school...
View ArticleA Clue to a Clueless President
Barack Obama is not merely uninformed on economics, he is enthusiastically misinformed. He says he keeps trying to fix the economic mess he "inherited", but nothing he does works. There has been...
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Bernanke Announces QE3: Here’s Your Fact Sheet!
Chairman Ben Bernanke made two announcements Thursday about monetary policy: (1) the Federal Reserve will begin its third round of quantitative easing, and (2) it will maintain extremely low interest...
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4 Graphs Bernanke Doesn’t Want You to See
We wrote up a “QE3 Fact Sheet” after Ben Bernanke’s announcement on monetary policy Thursday. Left-wing apologists for the central bank came out in full swing, advocating for the money injection as a...
View ArticleConservative University: Why Economics Matters
Introduction While economics might not be the most popular academic discipline, Matt Kibbe, President & CEO of FreedomWorks, makes the case for the importance of studying economics and how it can...
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The Austrian Business Cycle
Peter Schiff gives insight on the business cycle, booms and busts, expansions and recessions that are baffling to many economists across the political spectrum. Most people still think that recessions...
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Free Markets: A Truth Within Science?
A perfect example of spontaneous order and division of labor can be found in the vast wonder of the universe.I began independently studying quantum physics and mechanics when I was in college and I...
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