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DemocracyProperty RightsWorld History
By compensating slave owners for the abolition of slavery, Great Britain ended the scourge of chattel slavery long before it was ended in the Americas.
Austrian Economics Overview
"Economics is about how we behave, which comes from our personal valuation, in and relative to the physical world."
Money and Banks
Powell isn't a villain for pulling his foot off the money-creation accelerator a little. No, Powell's villainy stems from his role in helping create the boom in the first place.
Big GovernmentEconomic PolicyTaxes and Spending
With a declaration of a fake crisis and twisting an obscure law, President Joe Biden has invoked a massive wealth transfer that benefits the most privileged people in our society.
Central BanksFree MarketsProgressivismCapital and Interest Theory
Although progressives and their allies might condemn capitalism, they rarely can define it.
Economic PolicyInflationPrice ControlsProgressivism
Inflation is raging and progressives want action. What kind of action? They want to return to the 1970s regime of price controls.
Economic PolicyPrice ControlsProtectionism and Free Trade
Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.
With the shortage have come the usual half-baked bromides about "evil corporations" and how they aren't regulated enough. The real fault lies with welfare statists, Trump-style protectionists, and the FDA.