In the simplest of terms, the “investment risk,” is a possibility of an investment bringing a result other than anticipated.1 You may lose some or all of your invested funds, even though [...]

Have you ever wondered what it would be like to go back to the 1970s soviet country, and return to our times with then-popular maxim: “Down you lie or up you stand, [...]

Why is US healthcare system so expensive? Is it because the free market failed? Or is it because of various government interventions? Learn Austrian Economics in a fun way!

Imaginaos un mundo en el que, de un momento a otro desaparecen todas las herramientas, todos los edificios, coches, máquinas e incluso cosas tan básicas como cuchillos, martillos o palas. ¿Cómo sería nuestra [...]

I, Pencil By Leonard E. Read I am a lead pencil—the ordinary wooden pencil familiar to all boys and girls and adults who can read and write. Writing is both my vocation and [...]

“Two men suspected of a crime are arrested. Though there is no evidence to convict them on a principal charge, there is enough to convict them on a lesser charge. Each prisoner is put [...]

In the manors of feudal England there were some constituent lands that were available for shared use. One of the types of these common lands were common pastures. The commoners were not their owners, [...]

Money creation: described by many as the biggest scam in the history of mankind; for others it’s a blessing and a driving force of the economy. For John Maynard Keynes it was a process [...]

Imagine the following situations: 1) A young man enrolls in a tuition-free public university. From his point of view he gets the education for free. He will study in a field of [...]