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Much of the current debate on student higher education debt centers around the students as victims of rapacious capitalism. However, the government‘s student loan program has driven up education costs,…
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Economics, at its core, is the study of cause-and-effect relationships—analyzing how scarce resources, which have alternative uses, are allocated.
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Few really understand why these blue cities are crime-ridden. It’s not merely a lack of resources or even progressive ideology. At the root of the problem are governments working hard…
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In a candid interview, economist Steve Hanke calls the Trump–Putin Alaska summit “a photo-op,” arguing Russia already holds the upper hand in Ukraine. He explains why Moscow has the leverage…
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Japan’s economy is caught between inflationary monetary policy and powerful agricultural interests. There is no easy way out.
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Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads to recessions. Economic experience, however, shows us this is a false theory, something…
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The standard line for passenger rail travel in the US is that we need a government-subsidized entity like Amtrak because while there is a “need” for such service, it is…