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Politics

Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country’s...

Politics

Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause-and-effect, Keynesians don’t understand that downturns are...

Politics

Inflation is not just an economic phenomenon. It also undercuts the foundations of a civilization, leading to the breakdown of society itself.

Politics

Four interviews in one cut: gold’s whiplash, ballooning debt, and what it all means for your wallet.

Politics

Milton Friedman and the Monetarists believed that fluctuations in the money supply caused the boom-and-bust business cycles. Their solution—keeping money growth slow and steady—would...

Politics

According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, however, point out that in much of US history, economic...

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