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Politics

Scandinavia is not socialist; in fact, they are often ranked far higher than socialist economies like Venezuela in terms of economic freedom.

Politics

All children eventually learn that the presents under the Christmas tree come from family and friends, who must pay for them with their own...

Politics

Losing one’s money, credit cards, and passports in a New York City cab could have been a disaster. Thanks to trust and cooperation among...

Politics

Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.

Politics

Equilibrium is an imaginary construct that should be used only for analytical purposes. Unfortunately, mainstream economists have claimed it should represent a desired state...

Politics

Prominent central bankers have given conflicting statements concerning gold. What soaring gold prices might indicate is that the world is now turning to gold.

Politics

Mainstream economics is obsessed with “maximizing” so-called utility functions and discovering the ubiquitous “social utility curve.” In this week’s Friday Philosophy, Dr. David Gordon...