Politics
Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only holds in a one-good world, and why in...
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In a recession or a crisis, the right approach for individuals is to save. So too for the national economy. Saving does not cause...
Bastiat emphasized that much of what goes on in the economy involves things we don’t see directly. Intermediaries often fall into Bastiat’s category of...
No one can legitimately create a monopoly on ideas. The problems of freedom are solved with more freedom and worsened with less.
Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only holds in a one-good world, and why in...
Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.
Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.
Equilibrium is an imaginary construct that should be used only for analytical purposes. Unfortunately, mainstream economists have claimed it should represent a desired state...
Prominent central bankers have given conflicting statements concerning gold. What soaring gold prices might indicate is that the world is now turning to gold.
Is minarchism an antidote for the growing statism and socialism infecting our body politic? Think of it as “statism lite.”
Thinking clearly about the state requires us to think differently than what is typically believed. The state is not a “necessary evil,” but rather...
“Hurwitz went on to say that Holocaust education has begun backfiring, because it has been giving young people the wrong impression that genocide is...
“Data-dependent” Federal Reserve will be flying blind at its next FOMC mtg on Dec 10. It will be basing its decisions on September CPI...
Crenshaw and other Republicans were on an official visit to Mexico and Crenshaw was “having drinks with a group of Mexican officials.”