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Money and Banks
A new Fed survey shows that banks are cutting back on lending big time. Over the past thirty-five years, this almost always predicts recession. Our economy can't survive without endless new infusions of easy money.
The EntrepreneurFree MarketsEntrepreneurship
Calls for black consumers to "Buy Black" can be interpreted as socially divisive, but they are also a way to encourage black entrepreneurs in a free market.
Economic FreedomFree MarketsLibertarianism
More than forty years ago, Leonard Read urged graduates of Hillsdale College to find a premise, a belief in a universal idea of liberty.
The Durham report reminds us it is well past time for a more realistic assessment of the FBI for what it is: a costly, unnecessary, unconstitutional, and incompetent agency.
Monetary TheoryMoney Supply
Can the injection of new money into the economic system enhance economic growth? Not really. Increasing (or decreasing) the money supply affects the demand for money but doesn't make us wealthier.
Bureaucracy and RegulationCronyism and CorporatismThe EnvironmentProgressivism
Radical environmentalists have convinced people that we are doomed if we continue to use fossil fuels. We are doomed if we stop using them.
Bureaucracy and RegulationEconomic FreedomHayekCalculation and Knowledge
Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources.
Cronyism and CorporatismMedia and CultureProgressivism
American corporations are lavishing billions of dollars on leftist groups in the name of "equity." But many of them also are donating to even more questionable people and causes.