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Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.
Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit...
Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who...
The Trump administration’s downsizing USAID has brought the usual claims: that without US aid, millions of poor people around the world will die of...
The dearth of child-bearing in western countries like the US is seen as a political crisis. Yet, if there is any place in our...
The old republic is gone. The constitutional order of the Jeffersonian years—i.e., the so-called “American experiment”—was swept away long ago.