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Politics
In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government...
Politics
The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to...
Politics
Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon did the same thing—and...
Politics
Lately, James Lindsay has burned much of his credibility in attacking largely non-interventionist right-wingers as “Woke Right.”
Politics
“Modern medicine looks more like a religion than a science—and its priests are bureaucrats.”
Politics
Profits aren’t immoral—they’re necessary. Just as organisms need a net energy surplus to live, societies need profits to sustain themselves.
Politics
People claim to support “equal opportunity” over the idea of equal outcomes, but when one examines both concepts, it becomes obvious that neither is...
Politics
This is a rendition of Leonard Read‘s famous, “I, Pencil,” but with a new twist: tariffs now restrict the importation of producers‘ goods needed...
Politics
Why do mainstream economists suddenly think clearly when it comes to tariffs—but abandon logic elsewhere? Mark Thornton unpacks why even Krugman and Marx agree...
Politics
It is often asserted without challenge that “life is like a race” and it wouldn‘t be a fair race without the same “starting-line.” While...
Politics
Dr. Gordon reviews Quinn Slobodian‘s latest book trashing the Austrians, especially Murray Rothbard. Not surprisingly, Slobodian shows little understanding of the Austrians and economic...
Politics
While focusing on the Holocaust, people often forget the economic fallacies of the Third Reich. Hitler‘s policies were based upon socialism and state control,...
Politics
Trump has tried to claim that he favors “Main Street over Wall Street.” Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself...
