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A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP,...
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Politics
Black swans don’t cause crashes: they reveal them. Mark Thornton shows how easy money breeds “sequestered capital” in opaque assets, priming the next bust.
Editor's Pick
Colleen Hroncich Things weren’t going the way Ar’Jillian Gilmer expected. After much prayer, she had taken a leap of faith and left a secure...
Politics
From September 12, 2001—armed with a simple knowledge of the publicly-available foreign policy history of the 1990s—9/11 was a tragedy, and a terrible crime...
Politics
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Editor's Pick
Nicholas Anthony Congress has once again brought the Financial Crimes Enforcement Network (FinCEN) before it to answer fundamental questions. And once again, FinCEN is...
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Jeremy Horpedahl In recent months, tariff revenue in the US has started to ramp up. Despite Trump’s on-again, off-again approach to implementing one of...
Politics
Anarcho-capitalism isn’t a dystopian version of every man for himself. It is rooted in community, private institutions, and families.
Politics
The US dollar index tumbled in the first six months of the year, posting its worst first-half performance since 1973 when Richard Nixon was...
Politics
The chair of the Senate Banking Committee, branded the renovations “luxury upgrades that feel more like they belong in the Palace of Versailles.”
Politics
With the exception of the “covid panic” and the mandated lockdowns, etc., last week was the highest total for ongoing unemployment claims since early...
Politics
Low interest rates are a type of subsidy to home prices, and rising prices reflect falling mortgage rates.
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