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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...
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World News
War, even the American Revolution, is the health of the state because it is almost impossible to avoid fighting a war on state-centric terms.
World News
The P&M group discusses Trump’s reversals, capitulations, and outright failures to fulfill popular campaign promises, and what Trump supporters should take away from all...
World News
Throughout history, decentralization and secession have helped pave the way for more individual freedom. Naturally, political elites want to centralize everything, thus setting off...
World News
Throughout history, decentralization and secession have helped pave the way for more individual freedom. Naturally, political elites want to centralize everything, thus setting off...
World News
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream...
World News
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is...
World News
The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their...
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Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to...
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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...
World News
There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy...
World News
There are numerous critics of free markets. However, all of those critics also are consumers and they gladly depend upon free markets to satisfy...
World News
Thanks to the endless “War Against Terror,” the US Government promoted methods of torture. Congress stood by and let it happen.
World News
Thanks to the endless “War Against Terror,” the US Government promoted methods of torture, including some borrowed from the sadistic torturers of the former...
