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The welfare state is supposed to signal the existence of the “compassionate” society that provides care for all. However, this “compassion” has resulted in...
Ted Carpenter explains why NATO is now even more useless than before.
Foreign direct aid has failed to alleviate worldwide poverty. Nations with secure property rights have prospered.
Carl Menger wrote, “All things are subject to the law of cause and effect.” Unfortunately, modern academic economists all too often confuse correlation of...