What should economists do, and are we doing it?
Category:
World News
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President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does…
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While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and economic elites who are centralizing political…
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President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does…
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For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even when we adjust for CPI inflation.
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What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is in the same position but unlike…
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With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in the first place. Franklin Roosevelt‘s theft…
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While many people have declared the US Constitution to be “crystal clear” on issues of governance, the truth is that much of what the Constitution says is disputed. The first…
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Is Britain poorer than Mississippi? Taking into account welfare benefits and taxes, the answer appears to be yes, and it’s yes for many other European countries as well.