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Politics

When it comes to supporting the Trump administration, there is room for some honest self-reflection: What did I know and when did I know...

Politics

Net Present Value (NPV) is a popular decision-making criteria used by firms to make key, crucial choices about how to allocate resources across an...

Politics

Republicans love to call themselves the “Party of Lincoln,” and also claim adherence to conservative principles. However, those principles should be based around liberty,...

Politics

When Hugo Chavez nationalized Venezuela’s oil industry and created a huge welfare state funded by declining oil revenues, he unleashed huge social problems that...

Politics

When there is a cascade of failing businesses at one time, it is easy to think of it as an economic contagion that is...

Politics

In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood...

Politics

The so-called K-shaped economy—where some experience positive growth and others negative growth—is perfectly explained by Austrian business cycle theory and the Cantillon effect.

Politics

On the economy, Trump gives himself a grade of “A+++++,” which is reminiscent of Hoover and other politicians who interpreted their economic failures as...

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