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Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we...
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While China has made great strides economically since the days of Mao, nonetheless, there remain a number of weaknesses in the economy. While we...
Was Paul Heyne an ethicist who thought like an economist or was he instead an economist who thought like an ethicist? It was a...
Why is gold at a record high? How does modern mercantilism fuel today’s tensions? Are we all just pawns in a much bigger game?
At first glance, it might seem extreme—even offensive—to compare anti-fossil fuel climate policies to Stalin’s deliberate starvation of millions during the Holodomor. But in...
Ours in an age when people panic, sometimes for good reasons but often for bad. Governments benefit from panicked citizenry, which is why we...
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream...
The modern state, unlike the medieval monarchy, does not merely tax to sustain itself or to defend the nation. It taxes to reshape society...
A Gallup survey taken in March this year found only 46% of Americans expressed support for Israel (the lowest level in 25 years of...
These subsidies exemplify crony capitalism. The Austrian School of economics defines any subsidy as government intervention in the functioning of the economy.
William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the...
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to...
Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.
The late P.T. Bauer provided much insight into the issue of the so-called First World sending aid to Third World nations in the name...
The blackout in Spain was not caused by a cyberattack but by the worst possible attack—that of politicians against their own citizens.