One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to prevent deflation, which they claim is as harmful…
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The child-like obsession with buying stuff that American society is often criticized for around Christmas is a sought-after result of our government’s monetary policy.
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Thanks to the Fed’s balance sheet and the Fed’s policy on reverse repurchase agreements, it’s hard to tell whether the Fed is being hawkish or dovish.
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Fifty years ago today, December 11, 1974, F.A. Hayek gave his Nobel Lecture in Sweden. The conflict between what the public expects science to achieve in satisfaction of popular hopes,…
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No matter how the court rules on birthright citizenship (or anything else), it certainly won’t be the “last word” on the matter, and nothing is decided beyond the short term.
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Despite efforts by elites to promote state-sponsored education, people are revolting against the statist model. From private schools to home schooling and other alternatives, people have not forgotten that liberty…
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What a week! Before being accused of Trumpcheerleading, the elephant in the room must be acknowledged: the Federal Reserve, its role in the inevitable boom-bust cycle, and Trump’s evolving stance…
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How should we approach the study of history? An unfortunate trend has been to implement “history by theory” in which practitioners take theories and present them as facts. An honest…