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President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and...
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the...
While the United States has not fallen as far economically as Argentina, the fact is that the present economic policies are ruinous. We need...
The standard line from US political elites is that failure to aid Ukraine would mean Russia’s destruction of what is left of the country. However,...
[This essay was originally published as “Die Legende von Versagen des Kapitalismus” in Der Internationale Kapitalismus und die Krise, Festschrift für Julius Wolf (1932)1...
One of the cliches of the New Deal was that businesses were entitled to a “fair” profit. Leonard Read astutely pointed out that profits (and losses)...
The Wall Street Journal reported last month that the ballot initiative to decriminalize all drugs in the state of Oregon is failing, and that...
The Biden administration claims it wants to get out in front of the development of artificial intelligence. However, the likely scenario is that AI...