While Trump has not yet turned to price controls to address America‘s absurdly high drug prices, Monday‘s executive order suggests that he soon may.
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Category Archive: 6b) Austrian Economics
A Closer Scrutiny of Affirmative Action (Reservation) Programs in India
India has the longest history of affirmative action programs in the world and they have become the center of heated controversy between two clashing viewpoints.
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The Tragedy of War
There are no “good wars,” rather, there are wars with varying degrees of destructiveness. The American War Between the States was especially destructive, and the scars have not fully healed 160 years after it ended.
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EL GOBIERNO ESPAÑOL MIENTE SOBRE EL APAGÓN
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Der Hintergrund von Trumps Maßnahmen.
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Wealth Generation and the Market Economy
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.
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The Salem Witch Tariffs: How Economic Witch Hunts Undermine Liberty
As the progressive left and the anti-trade right merge their arguments, the current political atmosphere is quickly turning into a witch hunt. Unfortunately, we know that these situations don't end well.
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The Classical Liberals Were Radical Opponents of War and Militarism
Extolling peace has characterized the classical liberal movement from the eighteenth century, at least from Turgot, on through the nineteenth century to Ludwig von Mises.
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The Dehumanizing Nature of Tariffs
Any government deploying this so-called policy tool is trespassing upon property rights. As a result, human beings are in a word: dehumanized.
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HISTÓRICO ACUERDO COMERCIAL ENTRE EE.UU. Y CHINA
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Explaining the Quirks in the GDP Report
Bob Murphy digs into the latest GDP numbers, questions Peter St. Onge’s optimistic spin, and shows what the data really says about tariffs, trade, and recession fears.
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Jordan Peterson and the Real “Dark Tetrad”
Peterson implies the “dark tetrad” is emerging on the non-interventionist right, cloaking their real intentions with conservative rhetoric. Interestingly, however, a historical parallel exists in neoconservatism, whose intellectual roots are deeply rooted in Machiavellianism.
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Wealth Generation and the Market Economy
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it.
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Don’t Be A Panican, But Question Government Shenanigans
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we always should question those political decisions that can turn our lives upside down.
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Schumpeter on the Dangers of the “Tax State”
The modern state, unlike the medieval monarchy, does not merely tax to sustain itself or to defend the nation. It taxes to reshape society and to manage an increasingly restive population.
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US taxpayers are tiring of paying for the State of Israel
A Gallup survey taken in March this year found only 46% of Americans expressed support for Israel (the lowest level in 25 years of Gallup's annual tracking).
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The Top Twenty Federal Business Subsidy Receivers
These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government intervention in the functioning of the economy.
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On Swiss National Bank
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SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
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2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
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SNB Brings Back Zero Percent Interest Rates
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Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
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2025-06-25 – Quarterly Bulletin 2/2025
Main SNB Background Info
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The Unjustified Conflict: Grant’s Memoirs on the Mexican-American War
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Schlafstörungen -
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The Lane Train (And the Rest of College Football Madness) Has Been Fueled by Easy Money
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16 Jahre Gewinnwachstum: Warum diese Aktie trotzdem 75% verlor! -
The USD is lower vs the JPY by 0.40%. Versus the EUR and GBP, the USDs decline is modest