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While President Trump‘s tariffs certainly are causing economic harm, they alone could not cause a recession had there not already been years of artificial...
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In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government...
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The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to...
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Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon did the same thing—and...
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Lately, James Lindsay has burned much of his credibility in attacking largely non-interventionist right-wingers as “Woke Right.”
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Bob challenges the conventional wisdom around Triffin’s dilemma, arguing that persistent U.S. trade deficits aren’t necessary for dollar dominance—and that Ron Paul had it...
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The presidency—by which I mean the executive State—is the sum total of American tyranny. The other branches of government, including the presidentially appointed Supreme...
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The purpose of the Journal of Prices and Markets was to improve the understanding of the role of markets in the economy.
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Modern politics does not produce people of character and certainly there are few, if any, statesmen left on the scene. John C. Calhoun was...
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Calhoun emphasized the principle that the states were sovereign and independent and not merely the creation of the federal government.
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If devaluing the currency was a real measure of competitiveness, Argentina and Venezuela would be the most competitive nations on the planet.
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Mises Institute President Thomas DiLorenzo joins NTD News to talk tariffs and trade policy.
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Frederic Bastiat is an often unsung hero of 19th Century economic thought. His lessons on freedom and trade are timeless and what he wrote...
