Silver isn’t a “Giffen good.” It’s a case of shifting demand, not broken economics.
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Colleen Hroncich “Phew!” That’s the sound echoing around Idaho today after the state supreme court ruled yesterday in favor of the new Idaho Parental Choice Tax Credit. The program, which…
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Jeffrey Miron President Trump’s suspension of immigrant visas for 75 countries took effect on January 21. The pause affects those who seek to immigrate to the US permanently, not short-term visitors…
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Colleen Hroncich Although she had a long career teaching in public schools, Genevieve Hinnant saw that her kids needed something else. Her third-grade daughter had developed standardized testing anxiety. Her…
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World News
Brazil’s Social Function Trap: When Property Becomes Conditional, Markets Become Political
While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set by the government itself.
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World News
Machiavelli Is Dead: Why Politics Without Property Rights, Rules, and Moral Limits Cannot Work
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private property rights have done in lifting billions…
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Economist Robert Barro has questioned the necessity of fighting a war in this country to end slavery. In this week’s Friday Philosophy, Dr. David Gordon looks at Barro’s reasoning and…
Restoring the NIH Mission: Some Good News, Some Not-So-Good News, and Some Really Bad News
John F. Early and Terence Kealey In our Cato working paper “Mission Lost: How NIH Leaders Stole Its Promise to America,” Terence Kealey and I highlighted some strategic failures by…
Understanding history is not about understanding formulas or narratives. Instead, we must understand the people who made history, their motives, and their goals.
Ryan McMaken of the Mises Institute and Christopher Calton of the Independent Institute talk about why politicians want higher home prices. Even Trump now admits he wants higher home prices,…
