Politics
Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so.
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If prices are instrumental in providing needed information to market participants, then inflation can be seen as introducing static into the system, creating more...
The word “democracy” is almost sacrosanct in modern society, yet what advocates call “our democracy” is not what it claims to be. Real democracy...
War in the Persian Gulf doesn’t just mean pricier gas. It can snap hidden supply chains that keep modern life running, from fertilizer and...
Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so.
Whenever there is an economic problem, politicians in knee-jerk response blame private monopolies. The problem isn’t monopolies; the problem is government.
Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so.
The market has one essential property: it remains connected to reality.