Politics
Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so.
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Colin Grabow Since the Trump administration waived the Jones Act on March 17 for energy products, fertilizer, and related inputs, the US Maritime Administration...
In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing savings...
Both progressives and conservatives show a complete unwillingness or inability to distinguish between those who got rich by genuinely creating value by serving others...
Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners.
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.
The notion that AI can take over an economy is fantasy. A market economy is not made up of competing algorithms but rather sets...
The boom-bust cycle is not a mystery. Understanding why requires grappling honestly with what the last fifty years produced.
What looks like market strength may be a delayed reckoning. Mark Thornton explains the signals, the Fed’s playbook, and where the next bust is...