Prices and purchasing power are determined by how individual consumers value goods and services. The "velocity of money" won't help us understand prices or the money supply.

Although politicians lecture private companies for raising prices, it is governments that have for decades raised the prices of goods and services by limiting supply and raising costs.

We've reached the end of Human Action! Tom Woods joins the podcast to discuss Part Seven, "The Place of Economics in Society," and it's a show you don't want to miss. 

Dr. Andrew Althouse dissects the recent news of the positive Remdesivir trial.

David Henderson explains some of the major problems with the so-called "stimulus" bill, and discusses the protest he helped organize against California's lockdown.

Mark Thornton speaks to the Auburn Rotary Club.

Although many claim "nobody saw this coming," some entrepreneurs planned ahead and also have found ways to cater to customers under new conditions.

When it comes to understanding business cycles, Austrian school scholars stand on firm ground while critic John Tamny is all at sea.

More money creation doesn't necessarily mean higher consumer prices. But, if production is falling while consumers use their stimulus checks to buy food and clothing, we could see noticeable price inflation.

France faces a future of spiraling debt and declining economic growth. So Emmanuel Macron has now embraced economic nationalism as a way out. It's not likely to work.