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Editor's Pick

Romina Boccia The Federal Aviation Administration (FAA) has a chronic air traffic control (ATC) staff shortage because government control leads to a classic concentrated-benefits,...

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Jeffrey Miron No. Much, perhaps all, of this regulation is misguided. As with most other policies, the federal government should leave states free to...

Politics

It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is a false...

Politics

While the NBER collects economic data ostensibly to aid policymakers, the data it acquires is useless without proper economic theory to correctly interpret the...

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Politics

Owners are not only prohibited from producing the wine of their choice but also from deciding the volume they produce, the price at which...

Politics

Remembering Justin Raimondo, who used his antiwar website to rally concerned people against the unjust and destructive wars brought on by the US government.

Politics

Dr. Robert Murphy explains why America’s chronic trade deficits trace to Nixon’s 1971 gold exit—not China—and how a popular reading of Triffin’s “dilemma” confuses...

Politics

Dr. Wanjiru Njoya explains how “phony civil rights” expand state power at the expense of self-ownership and property, and offers a conservative-libertarian case for...

Politics

Dr. Jeffrey Herbener explains why “Crusoe economics” isn’t a caricature but the indispensable starting point for economics and liberty—built from action, property, and exchange.

Politics

Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only holds in a one-good world, and why in...

Politics

Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.

Politics

Seven “economic sins” share one root: monetary inflation—fueling higher prices, inequality, debt, war, and even moral decay.

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Earnings season may be winding down, but a few standout names could still make headlines this week. If you’re looking for potential moves, keep...

Politics

Mainstream economics is obsessed with “maximizing” so-called utility functions and discovering the ubiquitous “social utility curve.” In this week’s Friday Philosophy, Dr. David Gordon...

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