What use is economic theory in business? It’s indispensable. It’s the necessary starting point for all businesses, brands and projects. Only when…
Latest Business Update
-
-
The Federal Reserve and European Central Bank repeat that the recent inflationary spike is “transitory.” The problem is that investors do not buy it. Inflation is always…
-
After three months in a row of hitting new all-time highs, money supply growth slowed in March, dropping to a 10-month low. …
-
American journalists and academics have invented a fairy tale in which “free market orthodoxy” has dominated political thinking in America for the…
-
“Every change in the money relation alters … the conditions of the individual members of society. Some become richer, some poorer.” –…
-
Democracy is only acceptable when the outcome is what the ruling class wants. Fortunately, the federal courts are always handy to overturn…
-
Summerlin, the suburb of west Las Vegas creeping ever closer to the mountains, looks to be crowded with fully paved streets, streetlights,…
-
Key methodological differences between Austrians were highlighted in Milton Friedman’s “The Methodology of Positive Economics.” A key piece of conflict: Friedman’s focus…