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What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is...

Politics

With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in...

Politics

It’s popular for politicians to claim they will never cut Social Security. But doing nothing now about the program means imposing an even larger...

Politics

Adam Smith published The Wealth of Nations in 1776, at the beginning of the Industrial Revolution. The book was the result of twenty years...

Politics

Resources are scarce even when money is not. Original Article: “A Permanent Wartime Economy” This Audio Mises Wire is generously sponsored by Christopher Condon. 

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