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 ...
This year marks the 100th anniversaries of the great German and Austrian inflations that began with the coming of the First World War in 1914 and reached hyperinflationary severity following the war’s end in November 1918. While the German ...
Hayek: A Life, 1899–1950 by Bruce Caldwell and Hansjoerg Klausinger, (University of Chicago Press, 2022)
People who knew Friedrich A. Hayek before he won the Nobel Prize for Economics in 1974 sometimes said that he went through ...
It is probably not too much of an exaggeration to say that British economist Lionel Robbins (1898–1984) was one of the most influential economists of the last hundred years without most economists, nowadays, being aware of it. This is ...
The United States and most of the rest of the world are, once again, in the midst of an inflationary crisis. Prices in general are rising at annualized rates not experienced by, especially, the industrialized countries of North America ...
On September 16, 1939, barely more than two weeks after the beginning of the Second World War in Europe with the German invasion of Poland on September 1, the “Austrian”-oriented British economist Lionel Robbins finished the preface to his ...
Citadel professor Richard M. Ebeling gave the first talk in our online conference "End Inflation and End the Fed" on October 3, 2022.
Dr. Richard M. Ebeling is the BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The ...
The death of liberalism has been hailed or feared for well over a century now. In the United States, the tribal collectivists of identity politics and critical race theory insist that America has never been about freedom. It has ...
Suppose that one evening as the sun was setting and dusk was settling in, a strange mist fell over the United States that resulted in the entire population of the country, from the Atlantic to the Pacific, falling into ...
It is very difficult to be a classical liberal or libertarian and not experience bouts of disappointment, frustration, and outright pessimism. The world around us seems to be going to hell in a handbasket. Government continues to grow and, ...