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Philosophy and Methodology
The political theorist Douglas W. Rae argues that to get the advantages of Hayekian freedom, everybody should be guaranteed a minimum amount of resources so that they can fully participate in the market.
The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.
Debt and recession in the United States are big problems. But in both cases, metrics show a better situation in the US than in the eurozone.
Today's anticapitalists fall into a familiar pattern pioneered by Mussolini and Giovanni Gentile.
To succeed, entrepreneurs must demonstrate superior foresight and judgment, and practice continuous dynamic improvement in their assembly and reassembly of assets to serve the consumer.
Labor and WagesWorld History
A just scheme for reparations requires us to identify specific victims. But current calls for reparations do no such thing. Also, the British economy was not built on slavery, as some now claim.
The "experts" intend to keep locking populations down again and again until there's a vaccine. But what if there's no vaccine coming?
In the real world, an artificial boost in demand that is not supported by production leads to the destruction of a society's wealth.