Supply and Demand
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? Because the economists of the Austrian School have developed the most persuasive understanding of why only economic freedom can give mankind both liberty and prosperity.
Indiana is only the latest of dozens of states to move toward a planned economy.
In light of the recent “national” strike conducted by 0.09% of fast food workers in the US, many op-eds and commentaries have been penned by economists trying to justify the…