Category Archive: 6b) Austrian Economics

The GameStop saga—can we call it an insurrection?—wants easy heroes and villains. Both are available. The populist version of the story goes like this: a few thousand angry gamers, colluding via the now infamous WallStreetBets subreddit, brought at least one powerful hedge fund to its knees.

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Ryan McMaken and Tho Bishop discuss five reasons why Rothbard's work is so memorable. From his fearlessness in the face of opposition, to his commitment to peace and decency, Rothbard provides us with a model of principled scholarship.

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In many school districts across the nation, public school teachers still don’t want to go back to work. Private sector workers have long been hard at work in kitchens, at construction sites, and in hardware and grocery stores. Meanwhile, from Seattle, to Los Angeles, and to Berkeley, California, Teachers' Union representatives insist they simply can’t be expected to perform the on-site work in the expensive facilities that the taxpayers have long...

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A gentleman who does work for us sent me a text recently saying the price of his supplies has increased 20 percent, so he wants to increase his monthly fee 10 percent. It was a nice way to ask, and I said sure, especially given that he’s willing to take a haircut on his labor to make the increase more palatable.

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Q: Why, in your view, is isolationism an essential tenet of libertarian foreign policy? A: The libertarian position, generally, is to minimize state power as much as possible, down to zero, and isolationism is the full expression in foreign affairs of the domestic objective of whittling down state power. In other words, interventionism is the opposite of isolationism, and of course it goes on up to war, as the aggrandizement of state power crosses...

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