Economists are becoming more appreciative of how historical episodes shape future events. The resurgence of history as an explanatory tool has led economists to publish a series of papers collectively…
Category:
Politics
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Donald Trump legally pays hush money and prosecutors try to fashion a crime from it. However, if a president lies and thousands of people die, it is called foreign policy.…
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The taming of monetary policy necessary to slow price inflation has triggered a corrective trend in the valuation of financial instruments. Many big banks in the United States have substantially…
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American politicians are beating war drums. They forget that bad relations are costly in many ways. Original Article: “It Hurts to Pay for Strained China-USA Relations” This Audio Mises Wire is generously…
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Mark discusses something bigger than the Disney layoffs: the Wall Street Journal‘s April 25 frontpage article on investing in gold. It would seem that the recent rise of the price of…
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Everyone will agree that the American tax system is a mess. Taxes are far too high, and the patchwork system is so complicated that even IRS officials don’t understand it.…
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Despite all of the supposed safeguards to prevent bank failures, banks still fail. Perhaps the so-called safeguards are causing much of the trouble. Original Article: “Why Do Banks Still Fail?” This…
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In March 2009, in the midst of recession, then Treasury secretary Timothy Geithner was pressed to respond on the question of whether or not another currency—possibly the IMF’s special drawing…
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Everyone will agree that the American tax system is a mess. Taxes are far too high, and the patchwork system is so complicated that even IRS officials don’t understand it.…
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“The foundation of any and every civilization, including our own, is private ownership of the means of production. Whoever wishes to criticize modern civilization, therefore, begins with private property.” — Ludwig von…