Category Archive: 6b) Austrian Economics

Rothbard vs. the Conservatives on the American and French Revolutions

Contained within Rothbard's multi-volume history of the American Revolution, Conceived in Liberty, is an extended argument against the dominant conservative narrative on the American Revolution and the French Revolution.

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Israel is Funding Ted Cruz’s Super PAC. Is that Legal?

The Israeli government-funded ad revenue appears to operate in a gray area, but it seems Tel Aviv is exploiting loopholes to funnel money to Cruz's political war chest.

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Two Japan Bond Auctions Pose Next Threat to US Treasury Yields

The US and Japanese bond markets have become increasingly intertwined in recent years as investors grapple with rising government debt and greater volatility.

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Is Education a Commodity?



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Medicare is Socialist, and It Costs Too Much



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The Importance of Teleology in Understanding Economic Inequality

As long as the explanation for human behavior seems logical and fits their worldview, people can carry on mistakenly believing that they can identify causal relations from studying group disparities.

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Bessent’s Former Mentor Druckenmiller Slams Treasury Bond Buyback Plan

"Governments defending prices against fundamentals always lose," Druckenmiller wrote.

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Alex Pollock in the ‘Wall Street Journal’

From the Friday, August 21, 2026 print edition.

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Who Knew Genocide Could Be So Expensive?

" The debt is real. The murderous destruction of Gaza is real, and the costs to maintain that destruction and rebuild as an Israeli paradise, is unimaginable."

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One Bad Week



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Macroeconomic Data Is Really a Tool for Government Intervention

Murray Rothbard wrote that statistics are the lifeblood for government intervention. Based on certain presuppositions, statistics allow interventionists to identify “problems” to solve.

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Jeff Deist on the collapse of saving, sound money, and the case for a deflationary reset

I have been following the work and writings of my good friend Jeff Deist for many years, as I’ve always found his insights extremely illuminating. Just a few days ago, I had the pleasure of coming across one of his most recent speeches and I found every word of it truly compelling and remarkably timely. In this remarkable speech, Jeff takes what initially appears to be a straightforward economic question and turns it into something much broader:...

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The Greatest Cover-Up in Economic History: How Washington Hid Its Role in the 2008 Crash

By shielding Washington from accountability, the 2008 cover-up institutionalized systemic moral hazard and permanently crippled market discipline.

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Central Banking: The Scourge of Civilization

Despite claims that the Federal Reserve System is a “stabilizing” force in the US economy, the truth is that the Fed is and has been the main engine of inflation for more than a century.

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Rothbard vs. the Conservatives on the American and French Revolutions

Contained within Rothbard's multi-volume history of the American Revolution, Conceived in Liberty, is an extended argument against the dominant conservative narrative on the American Revolution and the French Revolution.

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Austrian Economics, Gold, and the Fed’s Confidence Game

Mark Thornton explains why Austrian economics matters, and why gold, debt, the Fed, and the dollar all point back to the same problem: government money.

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Regulation: Protecting Incumbents and Suppressing Competition

Politicians sell business regulation as benefiting consumers. In reality, as we saw from airline regulation, the system creates cartels that shut out consumers and benefit regulated businesses.

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The Penal Leviathan: What Wacquant and Rothbard Reveal About Modern Punishment

The modern way of dealing with criminal behavior has been mass incarceration, yet crime abounds. Murray Rothbard believed that restitution and other methods were superior to the present state-run system.

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Patrick Newman on the Rise of the Corporatist State

Dr. Patrick Newman speaks to Bob about his new book, which reviews how big business built the regulatory state, the Fed, and cartels like the AMA, all justified in the name of the "public interest."

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The Statist Peril of Techno-Asset Inflation

From the sixteenth century to today, techno-asset inflation is found where monetary inflation and technological revolution interact to produce virulent asset inflation.

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