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Libertarian theory

  • Economic inequalityEconomic inequality is an umbrella term for three distinct concepts: income, wealth, and consumption. Income inequality measures how the total sum of money…
  • Austrian school of economicsIn 1871, Carl Menger published Principles of Economics in Vienna. This book marked the birth of a distinct economic tradition that would later be called the…
  • LibertyThe Latin word libertas gave rise to the modern English term liberty. This root connects to the Proto-Italic language and ultimately to the…