"Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man's human existence." – Ludwig von Mises   "Economics is not dart throwing. It can be understood and properly forecast...(it) is a scientific discipline with established laws; applying those laws will yield fairly accurate predictions over time." – Peter Schiff   Gold

Favorites:    Sowell    Williams    Stossel    Paul


This week's feature
Shostak: Falling Prices Are a Good Thing

There is nothing wrong with declining prices.

Last week's feature:
Tamny: Absurd Net Neutrality Alarmism

Today's obscure bauble of the superrich is tomorrow's common good.

Previous features
Rothbard: Ten Great Economic Myths
Perry: 2018's New Minimum Wages Come with a Cost
Reed: Great Myths of the Great Depression
Jacoby: Obama Was Right, Health Insurance Should Be Voluntary
Friday: Government Recycling
Programs Waste Valuable Resources

Davis: Price Gouging Is Fine
but Humans Are Better

Tucker: The Eugenics Plot of the Minimum Wage
Accad: Healthcare in the Crosshairs
Stöferle: The World Is Creeping Toward De-Dollarization
Lomborg: How alarmist rhetoric warps climate policy
Stossel: 'Stingy' Jeff Bezos
Berdine: Why Some Pharmaceuticals Are So Expensive
McMaken: Net Neutrality Strengthens Monopolies, Invites Corruption
Price: On Borrowed Time
Westley: The Flint Water Disaster Shows Why We Need Markets
Newman: Trump's Maoist Steel Obsession
McMaken: Will Our Grandchildren
Work Only Four Hours Per Day?

Tucker: Hey New York Times, This Is Why Uber Is Awesome
Schiff: Puerto Rico Bankruptcy a Flashing Warning Sign for the US
Tucker: This Is Why Government Shouldn't Be Involved in Health Care
Tyler Durden: Philadelphia Soda Tax Leads
To 30-50% Plunge In Sales, Mass Layoffs

Jonathan Newman: Six Graphs that Reveal
Big Problems for Student and Auto Loans

Christopher Casey: Donald Trump's Whig Is Showing
Reisman: China et al. Are Not “Killing Us”
Harsh: Why Automation Will Create, Not Destroy, Jobs
Salles – Billions Gone: 2016 Olympics Venues in Brazil Are Now in Ruins
Klein: Free Trade versus “Free Trade”
Mueller: Venezuela's March Toward Default
Hunter: Manhattan Declares War on Homesharing
Boudreaux: The Tyranny of the Minimum Wage
Polleit: Central Banks May Choose Helicopter Money Over Negative Rates
Niño: Price Controls Are Disastrous for Venezuela…and Everywhere Else
Williams: Economic Conspiracies
Méndez: 45 Years Without Gold
Raskin: How Government Ruined American Sodas
McMaken: Brazil's Olympics: Cronies Feast while the People Starve
Cordato: The Minimum Wage: Taking Away the Right to Work
Calton: Coca-Cola, Cronyism, and the War on Drugs
Williams: Thinking Beyond Stage One
McMaken: Job Growth Doesn't Mean We're Getting Richer
Leef: Government Loans Make College More Expensive, Worsen Income Inequality
Hollenbeck: Helicopter Money to the Rescue
Newman: Should People be Allowed to Work for $1 an Hour?
Williams: The Seen and Unseen
Ron Paul: Why I Have Hope
Polleit: How the Blockchain and Gold Can Work Together
Patrick Barron: In a Post-Boom World, Auto Prices Will Fall
Tommy Behnke: Is the Auto Loan Bubble Ready to Pop?
Ryan McMaken: The Failed Moral Argument for a "Living Wage"
Jeff Deist: Why Economics Matters
Ryan McMaken: Boston Pulls 2024 Olympic Bid, Taxpayers Win
Ian Daily: Greek Taxpayers Facing a Future of Debt Slavery
Snarr: Baltimore's Unemployed and the True Cost of Minimum Wages
St. Onge: Let's Hope Machines Take Our Jobs: We Want Wealth, Not Jobs
Shostak: Technology Needs Capital To Produce Economic Growth
Galles: Extorting Low-Income Individuals to Help "the Poor"
Stossel: What Creates Jobs
McMaken: Drought and the Failure of Big Government in California
Ritenour: Why Is the Fed Punishing My Parents?
Albright: Private Enterprise versus Free Enterprise
McMaken: How Truly Free Markets Help the Poor
Williams: Basic Economics
Hollenbeck: How Greek Default May Still Unravel the EU
Scribner: Bait & Switch: "Economic Development" in the States
Hollenbeck: Switzerland Frees the Swiss Franc
Steinreich: A Capitalist Christmas
Shostak: Should Economics Emulate Natural Sciences?
Lamberti: Getting Interest Rates Right (Is a Job For Markets)
Williams: Embarrassing Economists
Williams: Economic Freedom
Deirdre Nansen McCloskey
Sowell: The Ambassador and the Post Office
Sowell: The High Cost of Liberalism (Part I)
Part II || Part III
Gary Galles: Cognitive Dissonance on Minimum Wages and Maximum Rents
Dan Sanchez: How Inflation Picks Your Pocket
George Reisman: An Open letter to Thomas Perez, U.S. Secretary of Labor
Williams: Governed by Rules, Not Men
Thorsten Polleit: The High Price of Delaying the Default
Williams: Dependency, Not Poverty
Williams: Economics of Hate and Envy
Sowell: The 'Trickle-Down' Lie
Hawkins: Why America Is Headed Toward Bankruptcy In 13 Quotes
Williams: The Pope and Capitalism
Mark Thornton: The FDA: A Pain From the Neck to the Big Toe
Patrick Barron: How Much Longer Will the Dollar be the Reserve Currency?
Keith Weiner: Measured In Gold, The Story Of American Wages Is An Ugly One
Michael Snyder: Quantitative Easing Worked For The Weimar Republic For A Little While Too
Sowell: Minimum Wage Madness
Sowell: Unintended Consequences
Stossel: Trains To Nowhere
Bugos: Inevitable Inflation
Bernpaintner: The Truth About SwedenCare
Sowell: Economics vs. 'Need'
Jeff Jacoby: Washington Booms — Thanks to Other People's Money
David Howden: Japan's Easy Money Tsunami
Sowell: The Bullying Pulpit
James Freeman (Wall Street Journal): Bitcoin vs. Ben Bernanke
Harry R. Jackson, Jr.: Minimum Wage Hurts Unskilled Black Workers
Michael Snyder: The Big Banks Are Recklessly Gambling — With Our Money
Stockman: State-Wrecked: The Corruption of Capitalism in America
John P. Cochran: Stopping the Keynesian Death March
Sowell: Can It Happen Here?
Sowell: Budget Politics
George Will: The Sequester: A Manufactured Crisis
Sowell: Prophets and Losses
John P. Cochran: The Ethics of Repudiation
Reisman: Labor Unions, Thugs, And Storm Troopers
Mac Slavo: You Know How This Ends, Right?
Stossel: Charity Begins With Wealth Creation
Sowell: Taxing the Poor
Sowell: An Overdue Book
George Reisman: Post-Sandy: A Man-Made Disaster
Stossel: Greed
Barron and Bloom: A Golden Opportunity
Williams: Understanding Economics
Stossel: We Fund Dependency
Shostak: QE3: Sowing the Wind
Sowell: Capital Gains Taxes
Lessons to be learned from the financial crisis
Sowell: Risky Business
Williams: The Rich Don't Pay Enough?
Gary Galles: Buy Team America?
Percy L. Greaves, Jr.: What Is Economics?
Stossel: Myths We Live By
Sowell: Trashing Achievements
Stossel: First Jobs (Minimum Wage)
Gary North: Free Trade: The Litmus Test of Economics
James Miller: Why Gold?
Thorsten Polleit: The Fiasco of Fiat Money
Schiff: Trickle Up Economics
Williams: Immoral Beyond Redemption
Sowell: ‘Meaningful Work’
Schiff: The Golden Rule Reinterpreted
Moore and Williams: The Millionaire Subsidy Elimination Act
Williams: Good Economists
Christopher Westley: Unions and the Other Tiny Tim
Stossel: Let’s Give the Fed Some Competition
Stossel: Job Killers
Boudreax and Willams: How to Keep More Kids on the Streets
George Reisman: The Irrelevance of Worker Need and Employer Greed in Determining Wages
James Miller: Monoply Dentistry
David Howden: Deflation's Inflationary Source
Schiff: Keynesians Jump The Gun on Inflation
Sowell: A Defining Moment (Minimum Wage)
Williams: Presidential Nonsense — "You're-On-Your-Own Economics"
George Will: The Redistributionist Behemoth
Reagan: Americans Angry at Senate Sycophants
Williams: Economic Fairness
Stossel: Ten Years to Greece
Murray: Manhattan Moment: Here's The
Right Way To Do Regulatory Relief

Stossel: Blocking the Paths Out of Poverty
Rothbard: Smashing Protectionist "Theory" (Again)
Sowell: Numbers Games
Stossel: The Stupidity of ‘Buy American’
Rockwell: The State Is the 1 Percent
Stossel: Wall Street Protesters Half Right
Stossel: Government the Job Killer
Stossel: Government Makes Us Poor
Sowell: Stop Whining (Minimum Wage)
Schiff: How the Government Can Create Jobs (Minimum Wage)
David Lee: How Canada Escaped the Global Recession
Peter Schiff: There They Go Again
Philipp Bagus: Who's Afraid of Deflation?
Peter Schiff: The Fix Is In
Peter Schiff: Debt Deal is a Blank Check
Walter Williams: Job Destruction Makes Us Richer
Sowell: Debt-Ceiling Chicken
Peter Schiff: Don't Be Fooled by Political Posturing
Mark Thornton: Why Legalize Now?
Stossel: The Money Hole
Schiff: End Game
Stossel: Government Against Blacks (Minimum Wage)
Williams: Do We Deserve Our Fate?
Kohlmayer: Back to the Gold Standard
Mark Thornton: The Lehman Brothers Plan
Schiff: Raising the Roof on Debt
George Will: Obama's Anti-Business Stance
John Silveira: An American dollar worth two cents
J. Kevin Meaders: Charting the Course to $7 Gas
Iain Murray: The price of regulation – Anti-stimulus
Schiff: Late to The Party…Once Again
Williams: Eat the Rich
Kohlmayer: The Path to Prosperity...in 2040?
Kohlmayer: The Next Economic Meltdown
Kohlmayer: The Party of Big Government
Seth Lipsky: The Floating Dollar as a Threat to Property Rights
Williams: Economic Lunacy
Robert P. Murphy: What's Wrong With Government Debt?
Schiff: A Little Understanding Goes a Long Way
Schiff: The Two Faces of Ben Bernanke
Walter Williams: Public Employee Unions
Walter Williams: Self-Inflicted Poverty
Peter Schiff: A Mockery of a Sham
Essay: The Coming Collapse of the American Republic
by Vietnam veteran and former state senator Robert A. Hall
Peter Schiff: China's Inflation Problem Looms Large
Philipp Bagus: Will There Be QE3, QE4, QE5...?
Sowell: ‘Saving’ the Housing Market
Peter Schiff: Forever Stamps Tell Us Much
George Will: Tax-Reform Fundamentalist
Peter Schiff: For Whom the Bell Tolls
Stossel: Why Do The Poor Stay Poor?
Peter Schiff: More Stimulus Means Fewer Jobs
Michelle Malkin: Giving Thanks for American Ingenuity
Kohlmayer: Why Isn't Peter Schiff Head of the Fed?
Sowell: Deficit Reduction
Sowell: Guess Who?
Schiff: Keep Your Head Above Dollar
Stossel: Freer Is Better
Schiff: The Hail Mary
Williams: Politicians Exploit Economic Ignorance
Williams: Something for Nothing
Schiff: Japan Intervenes to Bail Out America.com
Schiff: Flying Blind
But don't miss this: How Obama Thinks — Dinesh D'Souza
(This week's Forbes Magazine cover story)
Kohlmayer: The Main Thing
Sowell: Dismantling America (4 parts)
Don't miss this one: Fooled By Stimulus
Kohlmayer: The Death of the Dollar
Stossel: Private Enterprise Does It Better
Cap-and-Trade's Market Failure
Kohlmayer: Leviathan's Loot
The New Financial Regulation Bill: Hobbling a Housing Recovery
Walter Williams: Econonomic Stimulus Didn't Work Then, Either
Peter Schiff: The New Ideological Divide
Kohlmayer: America's Predicament
Walter Williams: Where Best To Be Poor
Walter Williams: Economic Myths, Fallacies and Stupidity
Kohlmayer: Greenspan's Call of Despair
Thomas Sowell: A Mind-Changing Page
Kohlmayer: The World's Money Problem
George Will: The Prosperity-to-Hysteria Two-Step
Thomas Sowell: The Real Public Service
Walter E. Williams: Free Markets: Pro-Rich or Pro-Poor?
Philipp Bagus: Have We Crossed the Point of No Return?


Williams: Ignorance Versus Stupidity (Voluntary Exchange)

Schiff: U.S. Corporate Taxes: Freedom or Fascism? You Decide
or Here

Sowell: Slaves To Words — "tax cuts for the rich"

Stossel: Everyone Prospers With Free Trade

Stossel: Myths About Capitalsm

Stossel: Lower and Simplify Taxes!


see also Minimum Wage Notes
From The Concise
Encyclopedia of Economics
Tamny: The Left/Right Crack-Up Over Seattle and the Minimum Wage
Williams: Minimum Wage and Discrimination
Boudreaux: The Tyranny of the Minimum Wage
Cordato: The Minimum Wage:
Taking Away the Right to Work
Walter E. Williams:
Higher Minimum Wages
Ryan McMaken: The Failed Moral Argument for a "Living Wage"
Walter E. Williams: Minimum
Wage Cruelty: Update
50 Years of Research
on the Minimum Wage
Harry R. Jackson, Jr.: Minimum Wage Hurts Unskilled Black Workers
George Reisman: An Open letter to Thomas Perez, U.S. Secretary of Labor
Gary Galles: Cognitive Dissonance on Minimum Wages and Maximum Rents
Walter E. Williams:
Embarrassing Economists
Snarr: Baltimore's Unemployed and the True Cost of Minimum Wages
Tucker: The Cruelty and Carnage of the Minimum Wage: The Case of Tad


Kohlmayer: The Curse of the Welfare State

George Will: Limits of a Welfare State

Schlafly: Some Pay, Some Receive

Stossel: What Am I? (Economics of Cruelty)


Property Rights and Externality


Business Insider: A New Medicine Model? — Mar. 19, 2017

Sowell: Risky Business — August 28, 2012

Stossel: In Praise of Discrimination — June 27, 2012

Stossel: Congress Can't Repeal Economics — October 6, 2010

Coulter: Prescriptions for Disaster Now Covered ... — April 1, 2010

Coulter: My Health Care Plan — March 18, 2010

Malkin: The Deem-o-crats' Towering Deception — March 19, 2010

Sowell: Talking Points vs. Realty — March 16, 2010

Sowell keeps them coming: Alice in Health Care — March 2010

Excellent 9-part series from Dr. Thomas Sowell — Oct-Nov, 2009

...and another 4-part series from Sowell — Nov. 3-6, 2009

Making Nightmare Out Of Health Care — 12/11/2009

Health Care is not a Right — 10/17/2009

Health Care is not a Right (from 1993!) — 12/11/1993

A Four-Step Healthcare Solution — 8/14/2009

More from Dr. Sowell: Alice In Medical Care – 6/30/2009

From Mises.org: The Healthcare Reader

Some of Our Favorites
It Takes Brains
Gold Prices
Atlas Economic Research

 Mises InstituteLudwig von

Trends Research


Per Byland's blog

Meltdown, Bailout, Stimulus?

Sowell: Stimulus or Sedative?

Wow… The Cloward/Piven Strategy of Economic Recovery

It's not that difficult to understand! The meltdown and the
bailout: why, how, and what they mean
– Feb. 2009

12/24/2009 – From one year ago (Dec. 2008), but still so relevant:
10 Reasons to Oppose a Stimulus Package for the States

Can "stimulus" spending actually help the
economy? Let's see what the experts say …

Thomas Sowell makes it clear again: Subsidizing Bad Decisions

Audit Faults New York Fed in A.I.G. Bailout — 11/17/2009 Really??? Who'da thunk it??

Pascal Lamy, Head of World Trade Organization, says
Bailouts Threaten Free Trade! — Financial Times, July 6

How Congress Will Steal the Recovery — Forbes, July 13, 2009 issue

British economists apologize to the Queen for failing to predict the credit crunch:
Sorry, your Majesty, we just didn't see it coming — 7/28/2009

From Mises.org: The Bailout Reader

U.S. Debt Clock

Conservative Economics

Peter Schiff Video Blogs

More from Peter Schiff

Another Sowell gem:
Too Many Apologies
— 2/24/2010

Climate-Gate? — 1/2/2010

Thomas Sowell on
The Fallacy of 'Fairness'
Feb. 2010

Sowell: The Economics of College, Apr. 2008

John Silveira: A quick tour of hyperinflation and the possible consequences for America

12 Warning Signs That Hyperinflation Is Imminent

From The Washington Examiner: The 2009 Nobel Prize -
Did They Get The Economics Prize Right? — 10/22/2009

If you assume that about 100 people in Washington are going to have meaningful input in the decision on how to spend this enormous stimulus of $800 billion, then on average each person is responsible for spending about $8 billion of our money. Can anyone in government spend that much money, $8,000 from every US household, more wisely than the average American would spend it? I simply do not believe that, and I also reject the morally dubious concept of taking people's money and spending it on their behalf, supposedly for their own good. — Alan Schram

The USA is Bankrupt —11/23/2009

Animal Farm 2009! — 7/27/2009

Socialist America Sinking —7/17/2009

Credit Expansion, Crisis, and the Myth of the Saving Glut —7/7/2009

Defined: Rent Seeking


Right-click the link and choose
'Save Target As...' to download

  1. Henry Hazlitt Memorial Lecture, Austrian Scholars Conference, March 13, 2009. (audio). By Peter Schiff, president of Euro Pacific Capital and a dedicated student of the Austrian School of economics
  2. Peter Schiff's speech to the Western Regional Mortgage Bankers Conference, Las Vegas, Nov 13th 2006. (audio)
  3. Stansberry on the Escher Economy. (audio) Dec. 2017
The Daily Show With Jon StewartMon - Thurs 11p / 10c
Peter Schiff
Daily Show
Full Episodes
Political HumorJason Jones in Iran

Are you ready? Try this crash course to get a baseline understanding of the economy (and the trouble we're in!). There will be some disagreement with the author's stance, but the facts are there: Chris Martenson's Crash Course
Doug Casey on Why Gold Is Money

Historical Material

The Panic of 1873 — Contemporary thoughts
from The Nation, September 25, 1873

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