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What determines currency exchange rates? While “experts” present a number of theories such as trade balance, the most important factor is the purchasing power...
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Politics
President Trump has indicated that a recession could be coming and the pundits are playing the blame game. Don‘t look to anyone in Washington...
Politics
Economic development cannot ever be seen as an end in itself. People are complex, social beings who may well forgo some of the advantages...
Politics
The United States will not enter a recession due to the change of administration, but because of the excess spending policies of the Biden...
Politics
There are more federal grantees and contractors at NGOs and “private” firms—who are de facto federal workers—than there are “official” federal workers.
Politics
In his inaugural address, President Donald Trump promised a “revolution of common sense.” However, one area of US government policy that has lacked “common...
Politics
Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making “progress toward the...
Politics
The latest political hot potato puts our standard of living at a critical crossroads. Mark Thornton identifies the missing road signs.
Politics
As the Trump administration cuts thousands of federal jobs, it‘s good to remember that the public sector‘s “services” provide no actual net value to...
Politics
Osama bin Laden never commanded an army, but he managed to militarily and economically defeat the US by enticing its government to waste trillions...
Politics
While Rothbard offers a focused economic analysis that situates the crisis within a broader theoretical framework, Browning gives readers a sense of what it...
Politics
Much of the world‘s financial system is undergirded by the false claim that US government bonds are “risk-free.” The truth is that all is...
Politics
Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making “progress toward the...