No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing, praxeologically speaking. Instead, it clouds our understanding of how money fits into our economy. 

Original article: A Praxeological Critique of the Equation of Exchange and Neutrality of Money

A common refrain among college fans is, "The Transfer Portal and NIL are ruining college sports." But are they? Before we can answer that question, we have to be able to explain what is happening, and Austrian economics provides the best analytical tools.

Original article: Are the Transfer Portal and NIL Ruining College Sports? Explaining the Changes Using Austrian Economics

Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay more. Middle-class British farmers are quickly finding out that the taxman is coming for them too.

Original article: Inheritance Tax Hikes Threaten Farmers’ Property Rights in the UK

The Trump team plans to tinker with government spending, but this does nothing to address the real problem which is the current inflationist monetary experiment. 

Original article: Under Trump, Expect No Change to the Monetary Status Quo

Most editorialists and pundits have labeled Jimmy Carter's presidency a failure, but his activities after he left office as a rousing success. The truth is that his successful deregulation efforts have left a positive and lasting legacy.

Original article: Jimmy Carter’s Legacy Is Much More than Good Deeds Done in His Later Years

President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US dollar. While Trump may come off as being "tough" in his negotiations, he cannot bluster his way to a stronger dollar, thanks to reckless monetary policies.

Original article: Tariffs Won’t Save the US Dollar

Higher education has managed to con huge numbers of young people to take out six-figure loans in order to have the “college experience.” However, the so-called benefits to college are turning out to be a chimera, all funded by increasing indebtedness.

Original article: How the Nanny Campus Will Fight to Keep Taxpayers Hostage

The Cultural Revolution continues apace in this country and it is aimed at all of the old Confederate symbols from statues to the Confederate Battle Flag. With leftist progressives there can be no discussion. Any symbol from the South equates to racism and nothing else.

Original article: Marxism and the Cultural Revolution

Thanks to the Fed's balance sheet and the Fed's policy on reverse repurchase agreements, it's hard to tell whether the Fed is being hawkish or dovish. 

Original article: Is the Fed Loosening or Tightening? It’s Complicated.

The Austrian school recognizes that economic analysis is timeless and the ancient story of “The Poor Man of Nippur” provides an excellent example. From time preference to the structure of production, many of the lessons are contained in this story.

Original article: The Poor Man of Nippur and Austrian Economic Principles