Austrian economists believe government intervention in free markets makes negative business cycles more severe, while Keynesian economists believe governments can implement policies to stabilize the ...

Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important?

Austrian School economists distrust empirical economics, a skepticism that is partially warranted, partially unwarranted. The Austrian insights are helpful for business planning, even though I don’t ...

Austrian economics provides valuable insights for business planning, but not so much in business cycle analysis. It’s not that key insights from the Austrian school of economics are wrong, but that ...

Opinions expressed by Entrepreneur contributors are their own. Over 50 years ago, economist William Baumol noted that economics was a theory of the economy that left no place for entrepreneurship.

Austrian Economists are harsh critics of government central banks (such as the Federal Reserve System of the United States – a name intended to obscure its role as a central bank, unlike the Bank of ...

The second edition of my book Advanced Introduction to the Austrian School of Economics has just been published. The book’s intended audience is people who have some familiarity with economics and are ...

Moreover, Bitcoin has become a store of value for many individuals who see it as a hedge against fiat currency devaluation. Its decentralized nature and limited supply have led some to view it as ...

Soho Forum Director Gene Epstein and Chicago school economist David Friedman debate the resolution, "The Austrian economics of Mises and Rothbard contains economic intuitions that are important, ...