Those who believe in the free and unhampered market economy should be especially skeptical of war and military action. War, after all, is the ultimate government program.

The slowdown of the European economy is a disaster considering the enormous stimulus we are immersed in.

The "monetary repression tax" (MRT) triumphs over the older and better-known inflation tax in terms of political efficiency. As regards economic efficiency, by contrast, both taxes are potentially devastating.

Bob Murphy explains how he got into Austrian economics and libertarianism.