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Do We Need 3% Inflation? Economic Growth and Deflation
Keynesian economists claim that the economy needs at least 2-3% inflation in order to avoid business cycles. But these inflation...
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Rothbard, War, and the State of Israel
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What Might Have Been: Cantillon vs Smith
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Kamala’s press chief tried to censor me
While Kamala Harris accuses Republicans of censoring books and library materials, her press secretary, Brian Fallon, tried to censor opinion...
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Hayekian liberty and the predatory state
While F.A. Hayek was a promoter of liberty, his work nonetheless often failed to acknowledge just how predatory the state...
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The Fed Is Warping the Shape of the Yield Curve
As the Federal Reserve manipulates the money supply and interest rates, the yield curve becomes a less reliable indicator of...
Read moreThe rule of law and property rights
While many people currently are likely to view the rule of law as simply a collection of arbitrary rules, it...
Read moreProtecting infant industries doesn’t help the economy
One of the excuses for levying protective tariffs is to protect emerging domestic industries. However, this kind of protectionism, contrary...
Read moreChina’s competitiveness is driven by low taxation, not by industrial policy
Contrary to popular belief, China's economy depends much less on central planning than in the past. China is strong in...
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The U.S. military machine is unsustainable
The U.S. government is spending trillions of dollars to prop up military ventures around the world. This kind of spending...
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