Economics

Governments Create Monopolies and Cause Worker Exploitation, Not Free Markets

by Richard M. Ebeling May 16, 2016

The world is threatened with a renewed wave of anti-capitalism and anti-business sentiments and policies. Many who cheered the demise of Soviet communism in the early 1990s, presumed that this meant that, by default, the case for free markets and competitive enterprise had won in the battle of ideas. Over the last twenty-five years it has become clear that ...

The Libertarian Angle: Economic Fascism

by Future of Freedom Foundation March 15, 2016

In this segment, Richard Ebeling and Jacob Hornberger discuss the principles of fascism, the administration of FDR, and corporatism. Go to the podcast.

The Libertarian Angle: History of Economic Thought, Part 8

by Future of Freedom Foundation March 8, 2016

In this segment, Richard Ebeling and Jacob Hornberger discuss the rise of the Austrian school of economic thought and its contributions. Go to the podcast.

Wilhelm Röpke: The Economist Who Stood Up to Hitler

by Richard M. Ebeling March 2, 2016

Sometimes there are men of principle who live their values and not merely speak or write about them. People who stand up to political evil at their own risk, and then go on to say and do things that help to remake their country in the aftermath of war and destruction. One such individual was the German, free-market economist, ...

The Libertarian Angle: History of Economic Thought, Part 7

by Future of Freedom Foundation March 1, 2016

In this segment, Richard Ebeling and Jacob Hornberger discuss the rise of the Austrian school of economic thought and its contributions. Go to the podcast.

The Economist Who Saw the Future

by James Cook March 1, 2016

Hans Sennholz (1922–2007) was a professor of economics and a student of Ludwig von Mises while at NYU. He was an intrepid critic of government deficits: If we cannot return to fiscal integrity because the public prefers prodigality over balanced budgets, we cannot escape paying the price, which is ever lower incomes and standards of living for all. The pains ...

Carl Menger and the Foundations of Austrian Economics

by Richard M. Ebeling February 23, 2016

Today is Austrian economist, Carl Menger’s, birthday. Born on February 23, 1840, he died on February 26, 1921, at the age of 81. Menger is most well known as one of the first formulators of the theory of marginal utility, separately though in published form almost simultaneously, with William Stanley Jevons and Leon Walras in the early 1870s. But ...

The Follies and Fallacies of Keynesian Economics

by Richard M. Ebeling February 16, 2016

Eighty years ago, on February 4, 1936, one of the most influential books of the last one hundred years was published, British economist, John Maynard Keynes’s The General Theory of Employment, Interest and Money. With it was born what has become known as Keynesian Economics. Within less than a decade after its appearance, the ideas in The General Theory ...

Eugen von Böhm-Bawerk: Leading Austrian Economist and Finance Minister of Fiscal Restraint

by Richard M. Ebeling February 12, 2016

We live at a time when politicians and bureaucrats only know one public policy: more and bigger government. Yet, there was a time when even those who served in government defended limited and smaller government, one of them being the Austrian economist Eugen von Böhm-Bawerk who was born 165 years ago today, on February 12, 1851. Böhm-Bawerk is famous as ...

The Libertarian Angle: History of Economic Thought, Part 2

by Future of Freedom Foundation January 19, 2016

Each week, FFF president Jacob Hornberger and Richard M. Ebeling discuss the hot topics of the day. This week, Jacob and  Richard continue thei review the early history of economics from Adam Smith through David Ricardo and John Stuart Mill. The Libertarian Angle airs weekly. Go to the podcast.

The Libertarian Angle: History of Economic Thought

by Future of Freedom Foundation January 13, 2016

Each week, FFF president Jacob Hornberger and Richard M. Ebeling discuss the hot topics of the day. This week, Jacob and  Richard review the early history of economics from Adam Smith through David Ricardo and John Stuart Mill. The Libertarian Angle airs weekly. Go to the podcast.

The Libertarian Angle: Myths of the Industrial Revolution (video)

by Future of Freedom Foundation November 17, 2015

Each week, FFF president Jacob Hornberger and Richard M. Ebeling discuss the hot topics of the day. This week, Jacob and Richard discuss the myths of the Industrial Revolution. The Libertarian Angle airs weekly. Go to the podcast.