Professor Richard M. Ebeling tells his personal story of how he discovered Austrian economics and how he has become one its leading academics. Richard M. Ebeling is the BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at ...
The Austrian School of Economics has been widely identified with classical-liberal and free-market ideas. This is especially the case in the writings of Ludwig von Mises (1881–1973) and Friedrich A. Hayek (1899–1992). But the free-market, liberal orientation of many ...
It is almost 100 years since the libertarian essayist and social critic Albert Jay Nock (1870–1945) published his essay “On Doing the Right Thing” in the pages of the American Mercury (November 1924). Nowadays, the very title of the ...
Human beings have had two fundamental ways of associating with each other: conflict or cooperation. Both methods have run through all recorded human history, as well as long before human beings left intelligible residues of their actions to be ...
The counterrevolution against the classical liberalism of the nineteenth century has been at work for more than 150 years. In the 1840s, 1850s, and 1860s, the triumph of a philosophy of individual rights and liberty, impartial rule of law, ...
Giving up the reality, the nostalgia, or the dream of empire is very difficult for those in political power, and even for those citizens who have bought into their government’s indoctrination and propaganda.
Historically, empire-builders and political leaders often seem ...
Three hundred years ago, on June 5, 1723, one of the most important and influential thinkers in modern history, Adam Smith, was born in the small Scottish village of Kirkcaldy. There are few individuals who it can be said ...
The Washington political establishment, the social-media pundits, and the editorial pages of many newspapers have all been warning of a fiscal Armageddon if the national debt limit is not raised in the very near future. The danger, it is ...
The Congressional Budget Office’s (CBO) February 2023 report, Budget and Economic Outlook, 2023-2033, documents just how serious the fiscal dilemma is facing the United States. In a nutshell, the federal government’s debt is on a dangerous trajectory, future annual ...
The British economist Philip H. Wicksteed began his most important work, The Common Sense of Political Economy (1910), with a motto taken from the famous German poet Johann Wolfgang von Goethe (1749–1832): “We all live it, but few of ...
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