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Politics

What better way to explain the relationship between higher-order and lower-order goods than with food? Here, we look at the falafel sandwich.

Politics

Biden has embraced the trade war. But, if protectionism actually produced competitiveness, American steel manufacturers would have become world leaders long ago.

Politics

The Fed presumably has an “implied guaranty” from the Treasury, but it seems certain that Congress never dreamed that the Fed could experience the...

Politics

Ingrid Robeyns doesn’t want to abolish markets and replace them with central planning. However, as David Gordon points out, her ideas on reducing inequality...

Politics

Historian David Beito joins Bob to discuss issues such as the Japanese concentration camps and the government’s mass surveillance of telegrams.