Can a majority vote to end democracy? If it can, democracy would no longer exist. But if it can’t, then not all political issues are decided by majority vote.
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World News
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Discussions about black suffrage following the Civil War usually are focused upon black voting rights in the South. However, during that same time, northern states passed laws limiting black suffrage,…
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Following Jerome Powell’s latest signal on rate cuts, economist Steve Hanke explains why markets and policymakers keep fixating on the wrong variable. Interest rates don’t drive the cycle, he argues—changes…
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Who says Republicans and Democrats can’t agree on anything. They have both agreed to continue foolish and counterproductive subsidies for buses and other forms of inter-city public transportation.
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The Federal Deposit Insurance Corporation (FDIC) is widely seen as a pillar of financial stability, but it is actually it is a warning label that confirms systemic fragility.
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Discussions about black suffrage following the Civil War usually are focused upon black voting rights in the South. However, during that same time, northern states passed laws limiting black suffrage,…
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Peter Klein joins to discuss the Mises Institute’s new book, Hayek for the 21st Century—exploring knowledge, competition, money, and why freedom beats central planning every time.
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In an attempt to explain business cycles, Milton Friedman came up with a plucked-string analogy. Like all Monetarist theories, however, this also had fatal flaws.
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