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Politics

Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.

Politics

Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit...

Politics

Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who...

Politics

Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.

Politics

Under a system of private ownership, in which the government’s only function is to protect property rights, it is immaterial where the frontiers of...

Politics

“There are those who still think they are holding the pass against a revolution that may be coming up the road. But they are...

Politics

Whether rates go up or down, neither outcome will be pleasant, leaving a bondholder caught between the Unthinkable and the Unimaginable.

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