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Politics

Why don’t Austrian economists talk about trends?

Politics

Since there is no genuine test of merit in government’s “service” to consumers, the bureaucrats have decided that the metric of success is commanding...

Politics

In a post-Cold War world, there is an opportunity to find useful insights among even the New Right that Rothbard loathed. James Burnham‘s The...

Politics

[In this chapter from Man, Economy, and State, Murray Rothbard explains how government employees consume productive resources, while both taxes and government spending distort...

Politics

As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The...

Politics

Mark Thornton explains the target as another smokescreen that was originally intended to stabilize monetary policy, currencies, and exchange rates, but has become a...

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