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Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
RMP is not QE, nor is it QT. It is an unprecedented, interventionist, unsound policy. The Fed is no longer backstopping the long end,...
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
For more than two centuries, the doomsday crowd has claimed that capital development will create mass unemployment. And for two centuries, they have been...
Beyond the initial oil shock, the Iran war is also laying the foundation for ongoing monetary inflation and price inflation, with no real change...
Professor Lucas Engelhardt examines how mainstream economics has deliberately abandoned the history of economic thought, and why Austrian economists must keep teaching and re-teaching...
All aboard! Government policies are moving us down the tracks into proverbial political perdition. This is a ride many of us would rather not...
The so-called money multiplier that exists through fractional reserve banking is propped up by central banking and inflation. It is not a good thing...
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.47%, remaining near a 3-month high as Iran-war uncertainty weighs on bonds.
Fuelling at service stations has been restricted to 50 litres per day for private vehicles and 200 litres for companies and other priority users...
“The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements.”
Issues of homelessness and vagrancy in public spaces and on public transportation are made worse because government ownership of the property does not allow...