Monty Pelerin's World

Keynesian economics is a fraud. It has neither theoretical coherence nor empirical support. It was adopted out of desperation in the 1930s. Many contemporary economists of the time protested that [...]

An interesting interview with Walter Williams:   Share/Save Download article as PDF

I received this email from a reader. I assume it was written by the person whose name was included, but have not verified that. Regardless, it is an email that [...]

I have mentioned Chris Martenson’s blog on this site many times. Below is a Martenson’s weekly recap for registered users. He has just started this service. To be a registered [...]

The New Year unfailingly raises spirits, even for those who don’t imbibe. It represents a clean slate, a new start and a time to make resolutions to improve ourselves and [...]

Politics as Economic Violence The late Murray Rothbard, famous Austrian economist and libertarian, published a collection of essays under the title Making Economic Sense. One sub-section was entitled “Politics as [...]

Approximately a year ago, this article appeared on this site and also on American Thinker. The article is as relevant today as it was then. While specifically criticizing Obamanomics, it [...]

For anyone not familiar with “Mish” (Michael Shedlock at noreply@blogger.com), I encourage you to remedy this deficiency in your reading habits. His is unquestionably one of the best analytical sites on [...]

Economics as taught and practiced these days has been severely removed from its original methodology. It is a social science that has been dominated by physical science methodologies. It suffers [...]

I am frequently asked for sites to visit to get non-mainstream interpretations of events. One of the better ones is Financial Armageddon by Michael Panzner. Below is a list of [...]

Austrian Economics continues to gain in influence despite the ruling elite’s attempts to marginalize it. The latest example was the Wall Street Journal’s recent coverage of Peter Boettke. The Daily Bell [...]

Even John Maynard Keynes recognized his central planning approach to economics could not work. Ten days before his death he stated: “I find myself more and more relying for a [...]