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World News

Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.

World News

Political and academic elites have successfully convinced the public that they should fear private enterprise. However, people really should fear an out-of-control government.

World News

Despite statements from Biden and other progressives, profits in a market economy are not a form of plunder. Instead, they represent entrepreneurial gains that...

World News

F.A. Hayek coined the term spontaneous order to point out that the prosperous societies are also societies where people are free to pursue their...

World News

It is during “emergencies” when we learn who really holds political power, and how ineffective are constitutional measures designed to limit the regime.

World News

Once again, Congress is threatening to ban TikTok over “national security concerns.” But as long as Washington continues its unnecessary and provocative posturing around...

World News

Far from being an “automatic stabilizer” that mitigates recessions by engaging in “countercyclical” spending, the welfare state actually makes recessions longer and deeper. Time...