Politics
While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with...
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Politics
While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set by the...
Politics
Understanding history is not about understanding formulas or narratives. Instead, we must understand the people who made history, their motives, and their goals.
Politics
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private property...
Politics
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Politics
For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people.
Politics
While the jury still is out regarding Javier Milei’s economic and political “reforms” in Argentina, one must remember that the damaging interventions into Argentina’s...
Politics
Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.
Politics
While the jury still is out regarding Javier Milei’s economic and political “reforms” in Argentina, one must remember that the damaging interventions into Argentina’s...
Politics
High time preference is a sign of economic degradation, and Bose shows that a rejection of Christian sexual ethics is a feature of a...
Politics
The countries seen as targets to follow Brexit are Austria, Hungary, Italy and Poland, according to leaked details of the US national security strategy.
Politics
Inflation does more than just force up prices. It destroys the wealth-producing process, especially with young people who are prevented from acquiring the same...
Politics
On Wednesday, the silver price hit $63.86 per ounce — nearly double its level a year ago — after the Federal Reserve trimmed rates...
Politics
Precedents for sovereign default exist, but they are double-edged.
Politics