For more than two centuries, the doomsday crowd has claimed that capital development will create mass unemployment. And for two centuries, they have…
World News
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Professor Lucas Engelhardt examines how mainstream economics has deliberately abandoned the history of economic thought, and why Austrian economists must keep teaching and…
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Beyond the initial oil shock, the Iran war is also laying the foundation for ongoing monetary inflation and price inflation, with no real…
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All aboard! Government policies are moving us down the tracks into proverbial political perdition. This is a ride many of us would rather…
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The so-called money multiplier that exists through fractional reserve banking is propped up by central banking and inflation. It is not a good…
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Today, the mortgage interest rate on a 30-year fixed mortgage is 6.47%, remaining near a 3-month high as Iran-war uncertainty weighs on bonds.
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Fuelling at service stations has been restricted to 50 litres per day for private vehicles and 200 litres for companies and other priority…
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“The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements.”
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Issues of homelessness and vagrancy in public spaces and on public transportation are made worse because government ownership of the property does not…
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If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While…