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A central doctrine of the Keynesian system is the “liquidity trap” in which consumers hold money in anticipation of higher interest rates. The act...
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A central doctrine of the Keynesian system is the “liquidity trap” in which consumers hold money in anticipation of higher interest rates. The act...
Gaza was always a ghetto, which came in handy for preparing the local population for liquidation after October 2023.
Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and again, other...
Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame.
Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better understand revisionism,...
Birkin bags are pricey and the producer restricts its potential buyers. Unfortunately, disgruntled customers who don’t want to follow the company’s rules are now...
Employing the Labor Theory of Value, Marx claimed that entrepreneurial profits arise from exploitation of workers. In reality, entrepreneurs earn profits when they correctly...
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...
The watchword among progressives this election season is: “Nothing less than our democracy is at stake.” In truth, democracy itself is not in danger,...
Not all news from the gold and monetary fronts is bad. In fact, gold made a number of advancements in seven states, including exemptions...