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As Joseph Schumpeter noted, markets need “creative destruction” to survive and advance. However, Europe‘s Digital Market Act (DMA)—while written to ostensibly protect competition—gives the digital economy uncreative destruction.
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The $100 trillion fiscal timebomb means lower growth, lower real wages, financial repression, and destruction of the currencies’ purchasing power in the future.
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Let’s be realistic. The U.S. needs pro-growth strategies and tax cuts, but no administration will be able to offset a $1 trillion increase in mandatory spending with higher tax revenues.
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One of contentious parts of the history of the American Civil War is the question of whether southern blacks served as soldiers in the Confederate army. While the numbers of…
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Yes, college professors are 10-to-1 Democrats over Republicans.
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Nigeria has large oil deposits, educated people, and much economic potential. However, thanks to government intervention, Nigeria‘s promising economy is in shambles and no relief is in sight.
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Amy LePore joins Bob to talk about FEMA’s poor track record in recent disasters but also going back to Hurricane Katrina.
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Unfortunately, we find that today’s MAGA economics is in many ways a retread of the failed supply-side economics of old.