Essays & News

The puzzle that keeps repeating Argentina has tried to stabilize its economy before. It has done so under military governments and democratic ones, under heterodox programs and orthodox ones, under economists who believed in markets and politicians who did not. Each episode produced a period of relative calm. Each period eventually ended the same way. […]

  When it comes to China’s role in the war in Iran, there are two diametrically opposed viewpoints. One view holds that China and Iran, with Russia and North Korea, form an “axis of evil,” and that it is only natural for China to assist Iran. There is even a view within the United States […]

  The following series of articles presents the Austrian School of economics, 1000 words at a time. Nine economists. Twenty-seven articles. One coherent tradition that the establishment has been trying to ignore for 150 years. They were right. Böhm-Bawerk vs. Hilferding. Article 4/27 Vienna. 1905. Rudolf Hilferding takes his seat in Böhm-Bawerk’s seminar at the University […]

  The passage of the Guiding and Establishing National Innovation for U.S. Stablecoins Act, known as the GENIUS Act, represents a watershed moment in the evolution of digital currency regulation. It also highlights the enduring role of the United States dollar on the global stage. This legislation, which became law in 2025 with bipartisan support in […]

  On April 18, Spanish Prime Minister Pedro Sanchez convened a summit of so-called “progressive” leaders from around the world, bringing together roughly 6,000 participants. Among those in attendance were Brazilian President Luiz Inacio Lula da Silva, Mexican President Claudia Sheinbaum, Colombian President Gustavo Petro, South African President Cyril Ramaphosa, German Vice Chancellor Lars Klingbeil […]