Politics
The obsession with measuring aggregate GDP obscures how the real standard of living for many people has declined.
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Politics
Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.
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...
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Politics
There have been four gold busts under the fiat dollar money regimes since the “freeing” of the gold price in March 1968. Will the...
Politics
Many Americans are convinced that only government can provide useful science since government is supposed to be “neutral,” not corrupted by profit seeking. However,...
Politics
Popular views of capitalism and free markets are not shaped by the facts, but rather by anti-capitalist intellectuals and the media.
Politics
Ever since the Great Depression, most economists have claimed that the key to increasing economic growth is to lower unemployment. However, increasing the savings...
Politics
The Dutch Tulip Bulb Mania of the 1630s continues to fascinate, especially given the recent asset bubbles our economy has experienced. What caused this...
Politics
What do we mean by “individualism” in the American tradition? It is not separatist or atomistic, but rather freedom from having state actors running...