Essays & News

  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 […]

  Memorizing a great Austrian scholar after 100 years.     “The value of goods is derived from the value of wants.” Friedrich von Wieser   TAKE AWAY Friedrich von Wieser taught at the universities of Vienna and Prague and succeeded Carl Menger at the University of Vienna in 1903. Together with his brother-in-law Eugen […]

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. Article 3/27 Bohm-Bawerk connects time preference and interest rates. Vienna. 1904. The Austrian army wants more money. The […]