Critics of the Austrian Business Cycle Theory claim that capital investors over time will no longer be fooled by artificially-low interest rates triggered…
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World News
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Last week, I joined Fr. Robert McTeigue on the Catholic Current podcast to discuss birth rates and how government policy affects families and…
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The modern state doesn’t get its power from the consent of the governed. Instead, it creates crises and then uses coercion to demand…
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Silver isn’t a “Giffen good.” It’s a case of shifting demand, not broken economics.
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World News
Brazil’s Social Function Trap: When Property Becomes Conditional, Markets Become Political
While Brazil calls itself a constitutional democracy that has a market economy, private property and markets themselves are subject to conditions set by…
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Understanding history is not about understanding formulas or narratives. Instead, we must understand the people who made history, their motives, and their goals.
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World News
Machiavelli Is Dead: Why Politics Without Property Rights, Rules, and Moral Limits Cannot Work
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political power cannot accomplish what free markets and private…
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Economist Robert Barro has questioned the necessity of fighting a war in this country to end slavery. In this week’s Friday Philosophy, Dr.…
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Ryan McMaken of the Mises Institute and Christopher Calton of the Independent Institute talk about why politicians want higher home prices. Even Trump…