Temu, a Chinese-based online retailer that has been available in the United States since the fall of 2022. Quickly become a leading online retailer, Temu has grown so fast that Bernstein analyst Robin Zhu projects that the site will generate as much as $1.8 billion in...
Even when a line on a map separates two individuals, trade is still trade—that is, mutually beneficial cooperation. Whether the line separates towns, cities, counties, states, or countries, it does not matter. The transactions are win-win. We could do quite well...
As the U.S. Congress continues to ignore the need for real fiscal discipline, kicking the can down the road again with yet another continuing resolution (CR), it is worth revisiting what two of the greats of the Austrian School had to say regarding the question of the...
Zohran Mamdani is running for Mayor of New York City to “lower the cost of living for working class New Yorkers,” according to his campaign website. He has promised to freeze the cost of rent “stabilized” apartments, put the “worst landlords” out of business, create...
Editor's note: This article is taken from managing editor Keith Knight's opening statement for a recent ZeroHedge debate. To clarify, when I say communism, I'm referring to the abolition of private property and voluntary contracts. Socialism is most accurately...
Many people are uneasy with the free market. I think that's because they subscribe, implicitly if not explicitly, to the labor theory of value. Workers, people lament, seem not to reap the full and just reward for their labors. Belief in the labor theory puts...
On April 2, 2025, President Donald Trump stood in the White House Rose Garden to declare “Liberation Day”—a sweeping new tariff initiative aimed at reducing the U.S. trade deficit and revitalizing domestic manufacturing. The policy introduces a 10% blanket tariff on...
There can be no doubt among competent historians that if ... the Austrian School has occupied an almost unique position in the development of economic science, this is entirely due to the foundations laid by this one man.... [I]ts fundamental ideas belong fully and...
