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Jim Grant Explains the Gold Standard

Money and BanksU.S. HistoryMoney and Banking

Blog29 min ago
Jim Grant: Our current monetary system "is the financial counterpart to the philosophy of statism."

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The Super Bubble Is in Trouble

Money and BanksMoney and Banking

14 hours agoFedWatch
Once the Super-Bubble pops, we will see what people demand as the ultimate means of payment: gold or cyber units, or both.

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Republican Healthcare Plan Fails the "Jimmy Kimmel Test"

Health

Blog14 hours ago
Government health care creates shortages while driving up prices and preventing access to critical services.

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The Money-Velocity Myth

Money and BanksMoney and Banking

Blog15 hours ago
Velocity has nothing to do with the purchasing power of money.

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Hayek
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Hayek's Chicago Seminar on Justice and Equality

Political Theory

Blog22 hours ago
In 1950-51 Hayek presented a seminar at the University of Chicago entitled "Justice and Equality." The seminar was opened to faculty and students.

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The Danger of "Public" Education

Big GovernmentEducation

Blog06/26/2017
The key issue in the entire discussion is simply this: shall the parent or the State be the overseer of the child?

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Yes, the Fed Really Is Holding Down Interest Rates

The FedMoney and BanksMoney and Banking

Blog06/26/2017
The empirical evidence is clear: the Fed is pursuing an expansionist monetary policy — and the economic benefits have been disappointing at best.

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Will the Work Day Shrink to Four Hours?

Labor and WagesValue and Exchange

Blog06/26/2017
How many hours a job requires depends on the nature of the work. In other words, work is highly heterogeneous.

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