On October 22, Argentina is poised to hold the first round of the 2023 Presidential Elections, determining the successor to the Peronist Alberto Fernandez. Following the primaries, Javier Milei, who describes himself as an anarcho-capitalist, emerged as the frontrunner. Could Argentina be set to embark on a radical new journey?
Today would have been Ludwig von Mises’ 135th birthday. Here we reflect on the profound contribution he made to economics.
Ready to explore the fascinating world of Austrian economics? This article has got you covered! Whether you’re new to the subject or eager to learn more, we’ve handpicked five essential books just for you.
While Austrian economists have made great contributions in many subdisciplines of economics, their critiques of mainstream views of entrepreneurship have received arguably the most praise. Modern-day finance and entrepreneurship classes even use Austrian ideas dating back to Carl Menger’s Grundsätze der Volkswirtschaftslehre (Principles of Economics). But has Austrian Entrepreneurship Theory remained constant ever since?
The philosophy involved in Rob Your Neighbor, a game many families play at Christmas that involves buying generic gifts to be chosen at random, mirrors the public model of taxation.
One thing everyone seemingly can agree on is that Pfizer, Moderna, Johnson & Johnson, and other pharmaceutical companies developed their Covid-19 vaccines in world-record time. Less than a year passed from the outbreak of the virus in January 2020 until a British woman received the first dose in December 2020. (And they could have been […]
Here’s a brainbuster for you: The product on the left will help keep you alive for 6-8 weeks. It costs $4.49. The other is nothing more than pretty to look at. It costs $161. Why? This paradox — the water-diamond paradox — troubled some of the world’s greatest minds. Plato wondered about it; Copernicus and […]
We’ve taken the liberty of compiling some of the highlights for your viewing pleasure.
Now that we’ve had eight years to digest the most recent financial crisis, the accepted narrative puts the blame squarely on the private banking sector. The conventional wisdom goes that the greedy banksters on Wall Street – not regulated thoroughly enough – took some risky bets on sub-prime mortgages and collapsed the housing market. It’s […]