Prompted by an online debate about whether economics belongs with the hard sciences, Bob reviews common defenses of mainstream practice and explains why…
Category:
World News
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Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause-and-effect, Keynesians don’t understand that downturns…
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Inflation is not just an economic phenomenon. It also undercuts the foundations of a civilization, leading to the breakdown of society itself.
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Four interviews in one cut: gold’s whiplash, ballooning debt, and what it all means for your wallet.
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Four interviews in one cut: gold’s whiplash, ballooning debt, and what it all means for your wallet.
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Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this…
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Modern progressivism is based upon the notion of equity—equal outcomes. However, as Ludwig von Mises wrote, classical liberalism had its roots in liberty,…
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Mainstream economists and others speak of the Consumer Price Index as the measure of inflation. Yet, the CPI is nothing more than a…
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“President Donald Trump’s once unquestioned grip on his MAGA political base is showing signs of strain as some of his supporters have started…
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When John Rawls published A Theory of Justice in 1971, he realized there were some loopholes that he tried to cover 22 years…