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The Central Bank Policy Interest Rate vs the Natural Rate

Blog8 min ago

While central banks use administered interest rates in hopes of emulating the natural rate, these efforts are always going to fail. Without free markets, there is no natural rate.

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The Oil-Price Shock Is a Direct Consequence of Interventionism.

Blog09/21/2023

This is the first time in human history that the energy transition has been decided by politicians without allowing technology, competition, or human ingenuity to come up with a better, more flexible, and more economical alternative.

Most Economists Are Wrong about the Economy 

Ryan and Tho are joined by economist Mark Thornton to take a look at why so many economists keep telling us the economy is in great shape.

It’s Time for Some Debt and Entitlement Alarmism

Blog09/21/2023

Climate alarmism dominates the news cycle, but perhaps people be more alarmed by massive federal budget deficits and runaway entitlement spending.

Chess, Trans Athletes, and Free Markets in Sports

Blog09/21/2023

Is there a way out of the seemingly intractable demands that trans athletes who are "transitioning" from male to female be permitted to compete with female athletes? There may be a free-market solution.

Strikes Always Have Economic Consequences and the Latest UAW Strike Is No Exception

Blog09/20/2023

The UAW's strike against US automakers will do long-term damage to the domestic auto industry. Unfortunately, unions and their advocates will learn nothing from this debacle.

Haiti May Have Won Independence, But It Is Not Independent of Chaos and Poverty

Blog09/20/2023

Haiti famously won its independence from France during a slave revolt, but being independent has not brought political stability or prosperity. Instead, Haitians struggle to get by in the Western Hemisphere's poorest country.

Striking Autoworkers Will Only Harm Their Own Livelihoods

Blog09/20/2023

Autoworkers are angry at their working situation and are striking for higher wages and a shorter work week. Their anger is misdirected.

A Ticking Time Bomb: A Huge National Debt Plus Rising Interest Rates

Blog09/19/2023

As the national debt explodes and the federal government ramps up borrowing and spending, borrowing costs increase as well. Ordinary Americans will suffer the effects in due time.

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