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Low Time Preference Leads to Civilization
Economists use time preference to explain the existence of interest, but the ability of people to
Opposing Military Intervention: Loving Dictators or Hating War?
Why have some Americans opposed this nation’s involvement in foreign wars? According to Jacob Heilbrunn of
What Is the Purpose of Economic Theory?
Mainstream economists believe that economic theory is valid when it “predicts” economic actions or trends. Austrian
Javier Milei vs. the Status Quo
Unsurprisingly, Javier Milei’s free-market and antistate initiatives face opposition in Argentina. Whether he is successful depends
Why the West Is Giving Up on Individual Rights
Individual rights originated in Western thinking. Today, it is the West that produces the ruling class
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