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Most economists are political apologists masquerading as economists. They are Rothbard’s “court historians” with degrees in economics instead of history.
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Most economists are political apologists masquerading as economists. They are Rothbard’s “court historians” with degrees in economics instead of history.
The Fed wants independence so it can serve the interests of the banker class. There is no higher principle here. There is only power.
Congress ought to at least teach Powell, the Fed, and its banker friends a few much-needed lessons.
Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other...
Buchanan and Tullock‘s The Calculus of Consent influentially applies economic ideas to politics, focusing on methodological individual. However, there are a few pitfalls about...
Bob explains how future inflow of extraterrestrial riches could boost the standard of living on Earth in the near term.