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This week, David Gordon draws insights from The Struggle for Liberty: A Libertarian History of Political Thought—a new Mises book that adapts Raico‘s lecture series into a footnoted, annotated volume.
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Even with near-record inflation, the US dollar still has gained strength relative to other currencies. This does not mean that the Fed has been acting responsibly.
In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won't happen.
President Biden's nonsolution of partial "debt forgiveness" is in limbo, but the slow financial destruction that massive student loan debt is unleashing continues.
Law Professor David Bernstein looks at the system of racial classifications in the USA and explains why they have been harmful.
