Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...

October 21st saw the commemoration in Beijing of the 80th Anniversary of the Long March Victory. Inevitably it was a hugely symbolic occasion, such is the significance of the Long March in modern ...

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While Hyman Minsky and Friedrich Hayek are often thought to be polar extremes of economic thought. Minsky was one of the most prominent members of the post-Keynesian school of economists and an ...

Those familiar with this column are well aware of how very much it venerates what’s known as “Austrian” economic thinking, or the Austrian School. Books by Ludwig von Mises are always nearby, and then ...

In my new book, Monetary Central Planning and the State, which will be published in October 2015 by the Future of Freedom Foundation in a eBook format available from Amazon, I explain the “Austrian” ...

Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important?

Monday - Friday, 1:00 - 2:00 PM ET For anyone (hello, FinTwit) watching the long, drawn-out debate between Austrian and Keynesian economics, it would have easily seemed that despite the brief ascent ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the Monitor ...

Macroeconomics studies an overall economy or market system, its behaviors, the factors that drive it, and how to improve its ...

One of my favorite moments during the 2012 Republican presidential contest came when Ron Paul, fresh from his strong showing in Iowa, triumphantly told his supporters: “We’re all Austrians now!” I ...