Learn about Say's Law of Markets, how production drives economic demand, implications for growth and policy, and its ...

Discover Friedrich Hayek's impact on economics and political philosophy, his Austrian school roots, and his influential free-market theories.

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?

The Austrian school of economics is a school of economic thought that emphasizes the importance of individual human action and free markets in economic decision-making. It has its origins in late 19th ...

Austrian Business Cycle Theory (ABCT) provides a framework for understanding economic fluctuations, particularly how monetary policy and interest rates influence investment and capital valuation. This ...

Moreover, Bitcoin has become a store of value for many individuals who see it as a hedge against fiat currency devaluation. Its decentralized nature and limited supply have led some to view it as ...

Forbes contributors publish independent expert analyses and insights. Ludwig von Mises achieved fame for his major theoretical works, Human Action, The Theory of Money and Credit, and Socialism. His ...

Peter Howitt, a professor emeritus of economics, was awarded the prize for his work on an innovative approach to economic ...