14+ hour, 13+ min ago  (225+ words) Timothy Terrell traces the historical origins of the American healthcare cartel, beginning with Ronald Hamowy's 1979 article documenting how the AMA used state licensing laws not to protect patients but to restrict physician supply and raise incomes.Recorded in Windham, New…...

15+ hour, 9+ min ago  (162+ words) Contrary to age-old prejudices, the wealth of the rich is not the cause of the poverty of the poor, but helps to alleviate that poverty. No matter whether it is their intention or not, almost anything that the rich can…...

16+ hour, 16+ min ago  (193+ words) Writing for Americans about the cultural background of Ludwig von Mises, an eminent former compatriot of mine, poses some difficulties: how to present you with a world radically different from yours, a world far away, which in many ways no…...

7+ hour, 41+ min ago  (164+ words) Carl Menger, founder of the Austrian School of economics, served as the tutor for Austrian-Hungary’s Crown Prince Rudolf, the only son of Emperor Franz Joseph. But Rudolph’s untimely death in 1889 would end up changing the ruling dynamics of pre-World War…...

17+ hour, 16+ min ago  (141+ words) One of the US Senate’s most committed warmongers died over the weekend. Keynesians claim that recessions occur because of a lack of consumer demand. However, demand comes from what we produce, so a growing economy needs more production. What was…...

9+ hour, 16+ min ago  (1267+ words) Most experts believe that the key driver of economic growth is total demand for goods and services. Whenever an economy shows signs of weakness, experts hold that strengthening total demand is required to prevent a recession. Thus, according to this…...

2+ day, 9+ hour ago  (313+ words) Dr. Mark Thornton warns that the monetary system may be moving toward greater digital control, persistent inflation, and a potential monetary reset. They discuss the risks they see in central bank digital currencies, programmable money, digital identity, the war on…...

2+ day, 9+ hour ago  (325+ words) Dr. Michael Rectenwald and Dr. Mark Thornton warn that the monetary system may be moving toward greater digital control, persistent inflation, and a potential monetary reset. They discuss the risks they see in central bank digital currencies, programmable money, digital…...

9+ hour, 54+ min ago  (133+ words) The essay added later to the collection: a critique of proposals to nationalize banking and credit, weighing bureaucratic against profit management and warning of credit overexpansion and immobilization. The Nationalization of Credit? The essay added later to the collection: a…...

12+ hour, 23+ min ago  (110+ words) Margit von Mises introduces the collection, recalling that these essays date from the 1920s and noting that the final essay was added to the later German edition. Margit von Mises wanted her husband to be remembered for his humanity as much…...