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Capital and Interest TheoryOther Schools of Thought
Ever since winning the Nobel Memorial Prize in “Economic Science” in 2001, Joseph Stiglitz has been a one-man advocacy band for growth of the state.
Philosophy and Methodology
Gazing at the data cannot assist an analyst in establishing causes in the world of economics.
Money and BanksMoney and Banking
Now untethered from everything except the will of central bankers, international exchange rates are especially prone to manipulation worldwide.
The American lifestyle — not the American healthcare system — is likely the biggest factor in lagging American life expectancy.
Bureaucracy and RegulationHealth
High-deductible or "catastrophic" health plans offer real protection from health disasters. But most government-approved forms of health "insurance" are really just welfare programs in disguise.
Whether racially motivated or not, land expropriation in South Africa is just another episode of state-forced wealth redistribution — with disastrous effects.
HealthTaxes and Spending
Lowering quality and destroying health care choices might reduce some "administrative costs," but the real cost to the public of a government healthcare system is much higher than is admitted.
The goal should not be to make quick daily decisions that look like market data — it should be to make correct decisions that are market data.