Politics
With the deadline for obtaining the federal government’s Real ID technically upon us, it’s important to understand that this is not an irritating but...
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Politics
In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government...
Politics
The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to...
Politics
Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon did the same thing—and...
Politics
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Politics
Not only are Modern Monetary Theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue...
Politics
Real ID is the latest example of the government using 9/11 as an excuse to grab more power.
Politics
“the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent.” Click here for post-FOMC press conference.
Politics
Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better,...
Politics
Free markets and free minds must push back against the mercantilist and populist policies associated with current Keynesians; we must draw upon the foundational...
Politics
When people speak of “social justice,” they are not speaking of justice in any historical form but rather an imaginary state of affairs in...
Politics
Mainstream economists have been obsessed with finding “optimal” tax rates, and Nicholas Kaldor‘s 1940 formalization of the “optimal” tariff is no exception. Austrian economists,...
Politics
Mainstream economists have been obsessed with finding “optimal” tax rates, and Nicholas Kaldor‘s 1940 formalization of the “optimal” tariff is no exception. Austrian economists,...
Politics
One of Trump’s more bizarre claims recently is that gasoline now costs less than $2 per gallon. As every casual observer knows, the price...