A Tale of Two “Deflationary” Booms – The Gilded Age vs. Today

Money and BanksMoney and Banking

Blog37 min ago
Today's easy-money-fueled economic "boom" doesn't compare well to booms of the past.

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Do Seasonal Adjustments Help Identify Business Cycles?

Booms and BustsBusiness Cycles

Blog6 hours ago
Without a coherent theory based on purposeful human action, it is not possible to begin to understand the causes of business cycles.

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How Welfare States Make Us Less Civilized

Labor and WagesPovertyValue and Exchange

Blog13 hours ago
The market’s informal, spontaneous cooperation for mutual benefit has been replaced by a statist mindset.

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Privatize the Public Monuments

Media and CultureU.S. History

Blog14 hours ago
Public monuments serve the same public propaganda function as public schools. The solution in both cases is the same.

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The Attack on Marijuana During the 1930s

HealthU.S. HistoryInterventionism

08/16/2017Audio/Video
How did Americans fall for the government's reefer madness? Listen as Chris Calton explains.

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Decentralize the Gun Laws

Decentralization and SecessionLegal SystemU.S. History

Blog08/16/2017
Having the feds impose nationwide reciprocity of gun licensing might sound like a good idea. But it really is just a scheme to federalize gun policy.

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How Central Banking Increased Inequality

08/15/2017FedWatch
Focusing almost exclusively on consumer price inflation, economists have overlooked the redistributive effects of money creation through other channels.

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Before "Fake News," America Invented "Pseudo Events"

Media and CultureU.S. History

Blog08/15/2017
For decades, the American media has been skillfully perfecting the art of creating its own "pseudo events" when real news has been hard to find.

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