How the Global Drug War Pushed Down Heroin Prices

Legal SystemWorld HistoryPrices

Blog7 hours ago
As the Drug War attacked heroin production in one place, it encouraged increases in heroin production in other places, pushing down global prices.

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Ryancare Failed — What Should Happen Next?

Free MarketsHealthU.S. Economy

Blog8 hours ago
The market is creating its own solutions to Obamacare. The focus should be protecting it from further government control.

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Are Central Banks Worthy of Trust?

Free MarketsGlobal Economy

15 hours agoFedWatch
Mark Carney seeks to defend the trustworthiness of the banking industry. He misses the systematic problem of central banking.

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Celebrating Murray!

EducationPolitical Theory

Where Austrian economics was once a dwindling school of thought, now it flourishes in the US, Europe, Asia, and Latin and South America.

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For Keynesians and Austrians, "Uncertainty" Means Two Different Things

Booms and BustsCapital and Interest Theory

After the 2008 crisis, many Keynesians found a new appreciation for uncertainty in economics. Unfortunately, they misunderstand how uncertainty works.

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Money Supply Growth Falls to 17-month Low in February

03/22/2017FedWatch
Growth rates in the money supply have fallen each month since October.

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