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Financial MarketsCapital and Interest TheoryOther Schools of Thought
Over eighty years ago, Keynes condemned the rentier and welcomed his future disappearance. Following in his footsteps, politicians and central bankers today are ever closer to effectively bringing this about.
Corporate WelfareCronyism and CorporatismProtectionism and Free TradeTaxes and Spending
So long as governments exist, it is essential that we minimize the ability of groups and individuals to use the power of the state to enrich themselves.
When governments raise the cost of obtaining a good, many people will opt for buying a higher quality (or more potent) version of the good with each transaction.
Free MarketsOther Schools of ThoughtPhilosophy and Methodology
Rothbard’s work on welfare economics probably ranks among his least-known achievements, but it is truly a tour de force and another tribute to his great originality and talent as an economist.
Big GovernmentProtectionism and Free TradeInterventionism
Government stats on trade deficits tell only a tiny bit of the real story.
Global EconomyWorld HistoryPolitical Theory