Silver isn’t a “Giffen good.” It’s a case of shifting demand, not broken economics.
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World News
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World News
Brazil’s Social Function Trap: When Property Becomes Conditional, Markets Become Political
While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set by…
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Understanding history is not about understanding formulas or narratives. Instead, we must understand the people who made history, their motives, and their goals.
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World News
Machiavelli Is Dead: Why Politics Without Property Rights, Rules, and Moral Limits Cannot Work
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private…
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Economist Robert Barro has questioned the necessity of fighting a war in this country to end slavery. In this week’s Friday Philosophy, Dr.…
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Ryan McMaken of the Mises Institute and Christopher Calton of the Independent Institute talk about why politicians want higher home prices. Even Trump…
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World News
Machiavelli Is Dead: Why Politics Without Property Rights, Rules, and Moral Limits Cannot Work
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private…
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From time to time, the American people need to be reminded who is the boss. The boss is the US government. The citizenry…
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While the political climate demands allegiance to one side or another, a more reasoned view can be found through libertarian principles, supported by…
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Bob applies Mises’ taxonomy of money and the regression theorem to Bitcoin, asking whether it should be classified as commodity or fiat money…
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