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Economic FreedomMonetary PolicyProperty RightsSocialism
Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.
War and Foreign Policy
Fernando R. Tesón is all mixed up. He thinks libertarians' principled nonaggression ties their hands in the face of violence against others and that this limitation extends to good-guy states.
For now, the dollar seems to be doing well against other currencies, but how long will that last?
The EntrepreneurGlobal EconomyEntrepreneurship
Entrepreneurship is the key to real development, but cultural attitudes are often a significant barrier to entrepreneurship in the developing world.
In colonial America, "liberty" came to mean rights one possessed outside of government approval. In revolutionary France (and in modern Canada) it has come to mean participation in a political system.
Between its political happy talk in the contrast to reality and its broken promises, whatever credibility the Fed had in the past is long gone
Big GovernmentLabor and WagesLegal System
Not satisfied with putting thousands of people out of work with its infamous AB 5 legislation, California lawmakers now are going after fast-food businesses.
Economic PolicyU.S. Economy
Bottom line, it’s a recession at the moment; whether it gets worse depends on inflation, and policymakers goofing around whistling past graveyards should give anyone pause.