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.
In the face of political pressure regarding the use of Chinese manufacturers for Olympic uniforms, the USOC capitulated. But perhaps the more important question is, why is it so much more expensive to manufacture clothing domestically.
A review of Ralph Raico’s outstanding recent book, Classical Liberalism and the Austrian School reminds David Gordon that appeals to “the results of human action but not of human design” are quite common among Austrian methodological individualists.
Ron Paul showed how he is open to debate by having both Professor Joseph Salerno and Professor Larry White testify before his sub-committee on the subject of fractional reserve banking. But a perceived bias towards Salerno prompted a rebuke by George Selgin.
Those pursuing academic careers face the prospect of earning a precarious living as an “untenured” adjunct professor, hectically shuttling between teaching assignments at different universities and earning a meager living for their trouble.
Liberty and progress go hand in hand, according to The Circle Bastiat's John P. Cochran. President Taft was once known as Mr. Republican. In the present era, Cochran believes Ron Paul has taken up Taft's mantle.
A staunch libertarian, presidential candidate Ron Paul has always had interesting ideas about how best to run the American economy. From Austrian economics to the gold standard and free market money, a new book outlines and defends Paul's plans.
Many states have laws on the books prohibiting anyone from making disparaging comments about a particular bank’s financial condition. This talk is thought to be outside free speech because rumors can trigger a bank run, but a recent ruling has some banks worried.
Experts have been calling for the bottom of the housing market each year since the crash, and prices continue to tumble. Why? In an overwhelming number of cases, homeowners owe more on their mortgages than their houses are actually worth.