Politics
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William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the...
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to...
Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.
The late P.T. Bauer provided much insight into the issue of the so-called First World sending aid to Third World nations in the name...
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Mainstream economics tells us that we need a growing money supply to keep an economy growing. But what if a growing money supply diminishes...