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Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so.

Whenever there is an economic problem, politicians in knee-jerk response blame private monopolies. The problem isn’t monopolies; the problem is...

Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so.

The market has one essential property: it remains connected to reality.

The notion that AI can take over an economy is fantasy. A market economy is not made up of competing...

The boom-bust cycle is not a mystery. Understanding why requires grappling honestly with what the last fifty years produced.

What looks like market strength may be a delayed reckoning. Mark Thornton explains the signals, the Fed’s playbook, and where...

Those who invoke Jesus for socialism face a tension: if the power to end suffering creates a moral obligation, then...

Those who invoke Jesus for socialism face a tension: if the power to end suffering creates a moral obligation, then...

Far from being what Keynes called that “barbarous relic,” gold has been important throughout history, and to the present day....