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Regulatory systems are infamous for creating “traps” in seem to be impervious to reform. Regulators seek to “drain the swamp,”...

It turns out printing $6 trillion during the Covid Panic has some longer term effects.

Switzerland’s population has grown far faster than that of surrounding EU states, rising by 23% since the free movement agreement...

US-Israel's plan to make Iran a failed state like Syria has failed. The US didn't even get Iran's enriched uranium.

Prediction markets, while obviously imperfect, still work well because people voluntarily put their money where their beliefs are. Naturally, the...

That wasn’t a misquote; Trump actually said I love the inflation—do take a moment to let that sink in.

Unfortunately, the Pope does not understand the role that monetary inflation plays in fueling AI's excesses. If he did, he...

Alexander Salter and Joshua Hendrickson argue that the Fed's actual institutional role is to backstop U.S. dollar hegemony.

Unfortunately, the Pope does not understand the role that monetary inflation plays in fueling AI's excesses. If he did, he...

Mark Thornton reviews John Mearsheimer’s Why Do Politicians Lie? and connects political deception abroad to the Fed-driven distortions now warping...