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Even the federal government’s official data shows that price growth is well above the Federal Reserve’s two-percent target. In fact, price inflation is now...
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...
In his concluding argument, Molinari envisions a society where security is provided by competing private firms chosen voluntarily by consumers.