Ideas matter, in particular a great idea such as liberty, in all its facets – economics, individual, political, philosophical and historical. However, there remain many challenges to liberty, ever-present under our governments. Therefore, today we must retell the lessons of the past Austrian economists and thinkers and look to writers to understand what is happening. … Continue reading Is the free market the best form of mechanism to achieve goals in economics?
When you thought Brexit was the best libertarian breakup of all time… comes a humorous series about getting government out of our lives Directed to those people who are all for governments, and outright deny any conclusion that free markets work better without much regulation. There is a series made especially for you, and can … Continue reading Brexit: First Date to Mandate Trailer
The common question that is asked of free markets, is who will build the roads? Considering there are no taxes or government. It would be more realistic for the question to be ‘who will build the potholes’, or ‘who will tax us?’ It is not a hard question to turn around on itself or answer, … Continue reading Who Will Build The Roads?
In this article we will cover unemployment and how it is affected by monetary policy. Firstly, any government policy has a level of uncertainty surrounding it. This can have an influence on the possibility of job seekers finding a job or a firm keeping on many employees. During such an uncertain ruling on a tax … Continue reading Monetary Policy & Unemployment
OpenBazaar is a free online market with no restrictions. Using an open-source platform for developing a protocol for e-commerce transactions. Online commerce on OpenBazaar is a peer to peer medium, and uses the cryptocurrency Bitcoin as the choice of currency, which is also open-source software and uses the peer to peer system to facilitate transactions … Continue reading OpenBazaar Commerce
An interfering government is the only barrier to any revival of a capitalist society. In a free market, market price signals communicate and reveal the subjective valuations of all market participants, including time preference toward present goods over future goods. Market price signals represent scarcity and important information, such as market interest rates, and are … Continue reading Interest Rates Are A Market Price Signal Not To Be Interfered With
Human Action, by Ludwig von Mises is one of the greatest Austrian economic books written. It is widely considered to be Mises magnum opus, and published in 1949. The book first introduces economics as the study of human action, based on praxeology and rationality of actions. The laissez-faire capitalism that is referred to in this book, is … Continue reading Human Action