Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only holds in a one-good world, and why in actual markets the interest rate emerges…
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Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.
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Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.
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Editor's PickInvesting
Tennessee’s Education Freedom Scholarship and the Constitution’s Call to Value and Support Education
Colleen Hroncich A group of Tennessee parents and anti-school-choice advocacy organizations filed a lawsuit on November 20, challenging the state’s Education Freedom Scholarship (EFS) Act, claiming the program violates the…
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Mike Fox It’s difficult to imagine a more quintessential conservative value than the idea that the government should leave peaceful people to their own devices. But that hasn’t happened, and…
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Equilibrium is an imaginary construct that should be used only for analytical purposes. Unfortunately, mainstream economists have claimed it should represent a desired state of economic affairs. Austrian Economists know…
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Prominent central bankers have given conflicting statements concerning gold. What soaring gold prices might indicate is that the world is now turning to gold.
Jeffrey A. Singer On November 20, the New Jersey Supreme Court ruled 6–1 that the hypothesis behind Shaken Baby Syndrome/Abusive Head Trauma (SBS/AHT) — that shaking a baby’s head can…
Dominik Lett Since taking office in January, President Trump has repeatedly suggested downsizing and eventually eliminating the Federal Emergency Management Agency (FEMA) and returning disaster responsibility to the states. Trump’s…
Is minarchism an antidote for the growing statism and socialism infecting our body politic? Think of it as “statism lite.”