• Articles
    The Fallacy of “Intrinsic Value”

    June 1969 • Volume: 19 • Issue: 6 • The Freeman If people value something, it has...

  • Articles
    What Economics Is Not

    The most common misunderstanding about economics is that it is only about money and commerce. The next...

  • Blog
    The strong Euro and the unstable China

    In our last letter, we wrote that we were finding the market action inconsistent and that we wanted to walk to the sidelines. Well, we wanted, but the market didn’t let us, for we had to get back to stocks and gold, given the strength shown, albeit with less leverage. We were...

  • Blog
    Renaissance Commerce and Culture

    I am just back from Italy (which is why I have not been blogging regularly of late), where I was scouting for a study tour that I will be leading in May. The theme of the tour will be Renaissance Commerce and Culture. Naturally, then, I was on the lookout for anything with a...

  • Articles
    Capitalism, Happiness, and Beauty

    The following was excerpted from The Anti-Capitalistic Mentality Critics level two charges against capitalism: First, they say,...

  • Articles
    Action Aversion

    If I just straight out told you that there is a model within the conventional economic theory...

  • Blog
    Why gold and oil sold off yesterday

    Please, click here to read this article in pdf format: february-25-2011 It’s the end of the month and the animal spirits nervously want to take profits on a good February. Before we start today’s letter, we want to clarify our view with respect to the impact of the developments in the Middle...

  • Articles
    The Practical Science of Austrian Economics

    The Austrian Economics Newsletter – An Interview with Thomas J. DiLorenzo Winter 1999 Volume 19, Number 4...

  • Articles
    Competing Currencies: The Gold Standard of Monetary Systems

    Discussions regarding monetary policy and currencies in particular will often include some talk of abandoning fiat currencies...

  • Articles
    Corporatism, Then and Now

    I’ve just finished reading “The Myth of the New Deal” by Ronald Radosh. This essay appears in...

  • Blog
    Three macro themes

    Please, click here to read this article in pdf format: february-22-2011 During the last two weeks, we...

  • Blog
    Increasing Public Sector Not a Good Way to Reduce Inequality

    Anyone with even the slightest familiarity of contemporary political life recognizes that the distinguishing feature of left-of-centre parties is their overriding commitment to the reduction of inequality. It is because they want to realize this goal that they generally support policies that increase the size of the public sector. This way, the...

  • Blog
    Some Thoughts on the Rich

    I read Pierre-Guy’s Mises Daily article, “The Curse of Being Rich“, and would like to point out...

  • Articles
    The Price of Arrogance

    The ongoing economic crisis has stirred up quite bit of debate among economists. In addition, it seems...

  • Articles
    A Webb of Lies

    In The Foundations of Leninism, Stalin declared “For the overthrow of the bourgeoisie, we must have the...

  • Blog
    Much Nationalist Ado About Nothing

    Another proposed merger is once again sparking nationalist anxieties about the supposed hollowing out of Canadian business. Several months ago, it was the prospect of Potash being taken over by BHP Billiton. Now it’s a potential merger between the London Stock Exchange (LSE) and the TMX Group. The latter operates the Toronto...