In less than a century, Argentina went from being one of the world’s wealthiest nations to one that struggles with poverty and massive inflation. Human Action provides lasting wisdom to improve life in that country.

Original Article: How Statism Destroyed Argentina

As artificially low interest rates damage the economy, progressives in Congress demand more of the same. In the vernacular, they want the economy to “take the hair of the dog that bit them.” Of course, this only makes things worse in the long run—which is where we are today.

Original Article: Hair of the Dog — Progressives in Congress Need Another Hit of Low Interest Rates

Recent Iranian missile strikes on Israel in response to its earlier attack on the Iranian consulate in Syria have escalated the prospects of all-out war in the Middle East. There is an alternative to expanding the war: de-escalation.

Original Article: Iran's Attack on Israel Provides an Opportunity to De-escalate

For the past fifty years, Nigeria’s government has required young people to “serve” for a year under the National Youth Service Corp. This more resembles slavery than service.

Original Article: The Nigerian People vs. NYSC Decree No. 24 of 1973: An Austro-libertarian Review

California’s draconian fast-food minimum wage law is bad enough, but it turns out a company can avoid the trouble if it has ties to the governor.

Original Article: California’s Crony Capitalist Minimum Wage Law

As Murray Rothbard noted, reason is a powerful tool to help us discern how to thrive in our world. Government, through propaganda and interference with education, seeks to stifle reason and replace it with obedience to the state.

Original Article: Murray Rothbard Understood the Importance of Self-Ownership

While “colorblind equality” has a better ring to it than the DEI regime, nonetheless, the concept is unworkable and actually contributes to worsening racial outcomes. 

Original Article: The Hazards of "Colorblind Equality"

In the early republic, debates over constitutional rights were centered on state bills of rights. But, over time the state charters were gradually co-opted by federal judges and courts.

Original Article: Federal Judges Co-Opted America's State Constitutions

One of the great myths of US history is that Herbert Hoover was a laissez-faire president. In truth, he intervened in the economy more than any of his predecessors, creating the crisis known as the Great Depression. His successor made things even worse.

Original Article: Navigating the Slippery Slope: How Hoover’s Interventions Paved the Way for the Great Depression

Today we are featuring the winning essays in the Student Essay Contest for undergraduates at the Austrian Economics Research Conference.

Original Article: Bureaucracy: Applying Mises’s Insights to Our Present Day