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Financial MarketsMonetary Theory
Works Published inMises Daily Article
Gary M. Galles is a professor of economics at Pepperdine University. He is the author of The Apostle of Peace: The Radical Mind of Leonard Read.
Governments love to use war analogies, framing themselves as the heroes fighting the bad guys. But when it comes to trade wars, governments are the bad guys, and individuals are the victims.
Philosophy and Methodology
If governments do anything more than protect property rights, then they're too big.
Money and BanksMoney and Banking
In the blurry world of conflicting economic indicators and forecasts and policy surprises, activist policymakers at the Fed do not know exactly what the “right” monetary policy is today. Neither do their activist critics.
Taxes and SpendingU.S. EconomyU.S. History
So how has the modern Democrat party built on its proud legacy of such Ponzi schemes like Social Security? By adding new ones.