Created by Raheem Williams |

Earlier this month, minimum wage hikes took effect in 18 states. Thankfully, North Dakota wasn’t one of them.

Proponents of minimum wage increases argue that these policies help support low-income…

Created by James Caton |

In a previous post, my colleague Alex Salter reflected on the significance and compatibility of the Mengerian and chartalist theories of money. The Mengerian theory argues that money arises in the…

Created by James Caton |

By the time you finish reading this post, I hope to convince you that ‘technology’ refers to an especially broad range of phenomenon.

In Mises Meets Wittgenstein, we discussed the development of the…

Created by James Caton |

The price of cryptocurrencies have gone parabolic. It appears to many, that we are experiencing a mania. Individuals are moving into cryptocurrency markets who apparently have no intention of using…

Created by Jeremy Jackson |

With the holiday season in full swing, you may find yourself dealing with the impossible task of buying everyone the exact present they desire.

Lucky for you, your friendly neighborhood economist is…

Created by Raheem Williams |

Corporate taxes are a hot policy issue right now. The Trump administration has made tax reform one of its key initiatives and revived the debate (if it ever really went away) over what exactly…

Created by James Caton |

Ludwig von Mises argued all action is aimed at creating value for the man or woman that is acting. This postulate is the starting point of analysis, which Mises referred to as “the axiom of Human…

Created by Jeremy Jackson |

You’re probably familiar with the phrase “Don’t judge a book by its cover.” I have an analogous saying, “Don’t judge a policy by its intent.”

Just as a good librarian knows a book’s flashy appearance…

Created by James Caton |

In my previous post, I discussed the tradeoff between liquidity and rates of return. But here’s the thing: investors are constantly in search of a better deal. So long as an investment is available…

Created by James Caton |

Savings exist in different forms, each of which produces different rates of return for saving agents. These agents economize on cash balances. Each person must decide how to allocate his or her…

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