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Progressives believe that economies should be run by high-IQ "experts." But successful market economies require entrepreneurs with an idea and the willingness to face uncertain economic conditions.
The FedFinancial Markets
As the economy begins to slow, the results of the Fed's money pumping are showing up in mergers and acquisitions.
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Economic PolicyInflationUnemploymentWar and Foreign Policy
Everything from huge Keynesian "stimulus" policies to the war in Ukraine is dovetailing in a bout of stagflation: the simultaneous growth of inflation and unemployment.
The presence of American companies in foreign nations was once seen as a sign of American superiority and an instrument of American cultural power. Not anymore.
Economic FreedomInflationMonetary PolicyMonetary Theory
Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.
As the Institute’s first graduate cohort nears graduation, the Institute looks forward to welcoming its fall 2022 cohort.
Corporate WelfareCronyism and CorporatismLegal SystemMonopoly and Competition
Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.