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Business The Circle Bastiat

  • Are central banks really necessary?

    Some analyst argue that a central banking system is only necessary when an economy operates with paper money. Others think that isn't always the case. 

  • Cooking as entrepreneurship

    Cooking, entrepreneurship theory, and Austrian economics have a lot more in common than many people might believe. In honor of the late, great Julia Child, the Circle Bastiat's contributors have written a piece combining the three.

Gallery Photos of the week 05/23

A shepherd guides his goats through one of the stops along the light rail, a new form of public transportation, on May 8, in Addis Ababa, Ethiopia. There are two lines – the blue line goes north-south, the green line goes east-west. The mostly elevated train was constructed by the Chinese and opened in 2015.

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