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Clark Neily Among the most challenging and important questions in constitutional law is whether the constitutions of the United States and various individual states...

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Alex Nowrasteh The evidence is overwhelming that immigrants in the United States have had a lower crime rate than native-born Americans since at least...

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Scott Lincicome and Alfredo Carrillo Obregon President Donald Trump has repeatedly threatened to impose 25 percent tariffs on all goods imported into the United...

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My last post argued that, despite what Diamond and Dybvig’s famous theory suggests, bank runs have seldom proven fatal to otherwise sound banks. Instead,...

Investing

On October 10th, Douglas Diamond and Philip Dybvig won the Sveriges Riksbank Prize in Economic Sciences, sharing it with Ben Bernanke “for research on...

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