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  • Human action, not data sets, is the starting point for economic theory

    Human action, not data sets, is the starting point for economic theory

    April 26, 2022 | 07:38am

    Not data sets that are prone to change, but logical deductions based on what we know about human behaviour are the starting point for Austrian economics.
  • What's the Deal: Making Roads Bigger Actually Makes Traffic Worse

    What's the Deal: Making Roads Bigger Actually Makes Traffic Worse

    April 25, 2022 | 09:12am

    Induced demand is the term used by economists to describe how increasing the supply of something (such as roads) makes people want it even more. Though some traffic engineers noticed this phenomena as early as the 1960s, it wasn't until recently that social scientists gathered enough data to illustrate how it happens almost every time we create a new route.
  • What's Driving China's Economic Surge Over the United States?

    What's Driving China's Economic Surge Over the United States?

    April 25, 2022 | 07:56am

    Since the late twentieth century, America has progressed in one direction while China has progressed in the opposite.
  • Why Is Russia's Economy Surviving?

    Why Is Russia's Economy Surviving?

    April 24, 2022 | 02:36pm

    Putin avoids economic collapse by keeping oil exports robust in April while punishing Ukraine.
  • The Reality of Inflation: Why Milton Friedman Was Once Again Wrong

    The Reality of Inflation: Why Milton Friedman Was Once Again Wrong

    April 22, 2022 | 08:55am

    It's worth remembering the real-world facts as inflation fears reappear.
  • What Happened to the United States to Make It La La Land?

    What Happened to the United States to Make It La La Land?

    April 22, 2022 | 08:20am

    It appears that nothing is working. And no one seems to give a damn.
  • China's Innovation Methodology

    China's Innovation Methodology

    April 22, 2022 | 07:48am

    What Washington Can Learn From Beijing When It Comes to Technology Investing.
  • We just learned how Elon Musk plans to fund his $43 billion offer for Twitter

    We just learned how Elon Musk plans to fund his $43 billion offer for Twitter

    April 21, 2022 | 04:07pm

    witter hasn't yet responded to Elon Musk's offer to buy the company, and he says he's
  • Stupid, it's just Monetary Inflation

    Stupid, it's just Monetary Inflation

    April 20, 2022 | 08:37am

    Pricing increases aren't just due to supply shortages or price gouging by American and European corporations.
  • Biden's Billionaire Tax Would Affect Everyone

    Biden's Billionaire Tax Would Affect Everyone

    April 18, 2022 | 03:59pm

    Wealth is not held in the manner in which people believe.
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