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What the Conservatives Get Wrong about the French Revolution

If avoiding a repeat of the excesses of the French revolution is an important goal, we need a thorough understanding of its causes. Edmund Burke and …

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The UK’s Monstrous Equality Act

Great Britain’s “Equality Act” is not simply a civil rights bill gone too far. It is, as Murray Rothbard would have put it, a “monstrous” piece of le…

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Poland: For Now It’s Still a Paper Tiger

Since abandoning socialism 30 years ago, Poland’s economy has grown, as one would expect with a market economy. However, there could be more economic…

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An Austrian Perspective on Lolcows

Lolcows, part of the world of internet personalities, would seem well beyond the world of economic analysis. Yet, much of what happens can be explain…

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Carl Menger, Crown Prince Rudolf, and the Marginal Revolution That Never Was

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 Fra…

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Praxeology within a Physics of the Social Sciences

Austrian economics does not share the same methodology as we see in the economics mainstream. The Austrian emphasis on praxeology provides a better e…

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The Depression of 1784: Revolutionary Inflation and Post-Revolution Depression

Intervention begets intervention. This was the case following the American Revolution, as the consequences of inflation, credit expansion, and wartim…

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How Adam Smith Helped Create Modern Unionism

While Adam Smith is celebrated in some circles as the “Father of Free-Market Economics” (Austrians would disagree), his writings on the “disadvantage…

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Cronyism and Regulatory Capture

As AI becomes a more important and visible part of our lives, the movement to regulate it also grows. The standard regulation narratives—that governm…

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Fireworks for the Regime: What July 4th Actually Celebrates

Every July 4th, politicians climb podiums, flags wave, a hundred million dollars’ worth of fireworks scatter across the sky, and somewhere between th…

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