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Booms and BustsMonetary TheoryMoney and Banking
Former Fed chairman Ben Bernanke and two other economists have received the Nobel in economics this year. Their work on banking is weak on causality and fails to recognize the damage done by the central bank.
PaternalismWar and Foreign Policy
Is there a case for an American empire? Professor Nigel Biggar of Oxford University believes so, but David Gordon sets him straight.
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.