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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...
Forget the other mainstream explanations for interest. Time preference explains this phenomenon and gives a true picture of why interest exists in the first...
As this author previously has noted, the ideology of statism is responsible for much of the violence that plagues the world. We see this...
The new problem we now face arises from the fact that huge deficits are only manageable so long as interest rates remain very, very low. ...
For many economists, economic growth is a mystery. By “economic growth,” Shawn Ritenour has principally in mind economic progress in the less developed countries,...
Data on employed persons, wages, and other measures point to trouble ahead in an economy already strained by growing bankruptcies, mounting debts, and disappearing...