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Prolonged Monetary Easing Paves Way for Wealth Redistribution

Money and Banking

09/24/2019Power & MarketVictor Xing

Constant monetary stimulus leads to great wealth inequality, tilting the scales in favor of those who already own assets.

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Death to Prohibition

Mark Thornton

The repeated failure of prohibition may be just the catalyst that Austrian economics needs to gain traction with the American public.

The World Looks to Abandon the Dollar as US Sanctions Tighten Their Grip

Ryan McMaken

The US's enthusiasm for sanctions means Europe is learning the price of doing business with the United States and with the dollar. They're now developing new ways to work around the the US-dominated financial system.

Luck and Taxes

David Gordon

Some argue that someone’s superior talent or success is itself the result of mere luck. That claim, and its relevance as a justification for redistribution, has generated much controversy.

Huge Debt Got Us Hooked on Petrodollars — and on Saudi Arabia

Ryan McMaken

Petrodollars and petrodollar recycling are at the heart of what keeps the US debt and money-printing mechanism going. The geopolitical stakes are very high.

An Austrian Frame of Mind

Jeff Deist

The Marginal Revolutionaries: How Austrian Economists Fought the War of Ideas is a lively history of the astonishing influence prewar Viennese intellectuals had on the greater world, and continue to have in areas far beyond economics.

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