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While giddy socialists are proclaiming that Zohran Mamdani’s electoral victory is the beginning of a socialist takeover of the U.S., the Democratic Socialists of America have a long way before…
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Pseudo entrepreneur Sam Altman now wants “a federal guarantee to make it easier to finance massive investments in AI chips for data centers.”
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The justices that Trump appointed to the Supreme Court have shown a recent intolerance for the kinds of semantic leaps his administration is relying on to justify its tariffs. Will…
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If the voting taxpayers (those who actually pay the bills) are outnumbered or outcompeted by the tax receivers, then national bankruptcy is the most likely outcome.
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Much of mainstream economics holds to the Efficient Market Hypothesis (EMH), which is built on highly unrealistic foundations. The Austrian causal-realist approach has more explanatory power.