The 19th century saw the creation and expansion of railroads in the United States, which hauled freight and carried paying passengers. One offshoot from privately-owned railroads was the creation of company-built and -operated hospitals to treat their employees in remote locations.
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Category Archive: 6b) Austrian Economics
Multifamily Delinquencies Are Now Higher than During the Great Recession
Freddie Mac’s delinquency report shows delinquencies above the Great-Recession peak. April's delinquency rate was the highest in 14 years.
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Taxi Tyranny in Paradise
Our author went to St. Croix in the US Virgin Islands, expecting a vacation in paradise. Unfortunately, thanks to the USVI government‘s laws “protecting” the taxi industry, he had to spend a tidy sum of money just getting around.
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¡EL FENTANILO SE HUNDE! Trump reduce el tráfico un 50% y el crimen cae
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A Politically Incorrect “Where Are We Now?”
A few days ago, I had the great pleasure to sit down again with my good friend James Patrick in person, in Monte Brè. It was a truly spontaneous and unfiltered conversation about the current state of the world, the bizarre geopolitical situation and the tragicomical moment in history that we find ourselves in. We talked about the extreme, and likely unprecedented, risks we face in the global economic and financial system and I’m very glad we...
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Government and Economic Growth
Modern macroeconomic theory claims that government spending, taxation, and monetary creation is essential for economic growth. Austrian Economists, however, note that government stifles the economy.
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In Support of the Free State Project
Critics of the Free State Project should direct animosity, not at those moving to their state, but to the other 49 states for failing to be freer. The Free State Project migrants are not moving to New Hampshire to exert coercion on the existing population, but to live under less coercion.
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EE.UU. RECAUDA $255 MIL MILLONES EN ARANCELES: ¿REALIDAD O PURA ILUSIÓN?
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China’s Strengths Are Over-Exaggerated
While China has made great strides economically since the days of Mao, nonetheless, there remain a number of weaknesses in the economy. While we should recognize its economic strengths, we should not be tempted to portray China as an economic superpower.
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Paul Heyne: The Ethicist Who Thought Like an Economist
Was Paul Heyne an ethicist who thought like an economist or was he instead an economist who thought like an ethicist? It was a bit of both. Heyne‘s popular text, The Economic Way of Thinking, educated a lot of students about how economics really works.
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LA DEMANDA DE ORO DE BANCOS CENTRALES SE DISPARA Y ROMPE RÉCORDS HISTÓRICOS
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Preparing for War
Why is gold at a record high? How does modern mercantilism fuel today’s tensions? Are we all just pawns in a much bigger game?
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LA GUERRA ENTRE MUSK Y TRUMP ESCALA: ¿HAY RECONCILIACIÓN?
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Energy Holodomor
At first glance, it might seem extreme—even offensive—to compare anti-fossil fuel climate policies to Stalin’s deliberate starvation of millions during the Holodomor. But in truth, the comparison may be unfair— to Stalin.
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To Veatch His Own
As a bookend to last week‘s critical article on Thomistic Aristotelianism of Alasdair MacIntyre, Dr. David Gordon in Friday Philosophy scrutinizes the libertarian-tolerant philosopher Henry B. Veatch. Dr. Gordon finds Veatch‘s arguments much more tolerable.
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Musk v. Trump, Trump v. Courts, and Palantir v. Us
On this episode of Power and Market, the group discusses the fallout from Musk's fight with Trump, recent reporting on Palantir contracts, and how the courts are not interested in protecting rights.
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A Different Perspective on Costa Rica’s Traffic Disaster
Traffic jams are so frequent that many Costa Ricans have adjusted their routines to deal with this phenomenon, treating it like a chronic illness.
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What Science Can’t Decide for You: Masks, Data, and Individual Liberty
Modern neoclassical economics is based upon the physical sciences, which Austrian economists recognize is an inappropriate way to explain economic phenomena. Ludwig von Mises recognized this fraudulence, calling it “scientism.”
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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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