No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.
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Republicans today are decrying the “lawfare” that Democrats are using against them, and rightly so. However, had Republicans not vastly expanded federal criminal law during the infamous Wall Street prosecutions…
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Does bad money drive out good money? Mark Thornton discusses one of the most impactful principles of modern society.
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In this review of Scott Horton’s new book, Enough Already, we see that the wars the US has raged for the past quarter century in the Middle East have been…
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Republicans today are decrying the “lawfare” that Democrats are using against them, and rightly so. However, had Republicans not vastly expanded federal criminal law during the infamous Wall Street prosecutions…
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Clark Packard During a recent stop in Pennsylvania, US Trade Representative Katherine Tai was asked by Eric Martin of Bloomberg about the Biden administration’s decision to continue and expand tariffs…
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Marc Joffe With tens of thousands of California residents living on the streets and widespread concerns over a housing affordability crisis, we might expect political leaders to build a large…
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Thomas A. Berry and Alexander Khoury Since the creation of the market square, there have been boisterous, loquacious individuals who have solicited bids for unique items. Merchants have long relied…
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Jeffrey Miron Proposals to adopt a universal basic income (UBI) raise three questions. The first is whether a UBI should add to or replace the existing safety net. Adding the…
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Money-supply growth accelerated year over year in August by the largest amount in 23 months. The days of falling money supply growth rates are over.