Politics
Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads to recessions. Economic experience, however, shows us...
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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...
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Politics
The standard line for passenger rail travel in the US is that we need a government-subsidized entity like Amtrak because while there is a...
Politics
In a candid interview, economist Steve Hanke calls the Trump–Putin Alaska summit “a photo-op,” arguing Russia already holds the upper hand in Ukraine. He...
Politics
Japan’s economy is caught between inflationary monetary policy and powerful agricultural interests. There is no easy way out.
Politics
The recent political firefight over Trumps firing of BLS Commissioner Erika McEntarfer overshadows the underlying question of why we need the BLS at all....
Politics
In normal human affairs, actions like lying, theft, and murder are considered to be immoral and anti-social. However, people are quick to accept those...
Politics
The Federal Reserve has what the New York Times called its “biggest shindig” of the year at Jackson Hole, Wyoming next week. What mischief...
Politics
What really happened in Syria? Ruling US elites and Israel have spun the narrative that advocates of democracy were rebelling against a brutal authoritarian...
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