Donald Trump Does Not Know the “Correct” Interest Rate

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The Bankruptcy Parade Continues: U.S. Cities and Towns

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Do We Need 3% Inflation? Economic Growth and Deflation

Keynesian economists claim that the economy needs at least 2-3% inflation in order to avoid business cycles. But these inflation rates over

Rothbard, War, and the State of Israel

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What Might Have Been: Cantillon vs Smith

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The rule of law and property rights

While many people currently are likely to view the rule of law as simply a collection of arbitrary rules, it involves private

Hayekian liberty and the predatory state

While F.A. Hayek was a promoter of liberty, his work nonetheless often failed to acknowledge just how predatory the state really is.

Protecting infant industries doesn’t help the economy

One of the excuses for levying protective tariffs is to protect emerging domestic industries. However, this kind of protectionism, contrary to popular

China’s competitiveness is driven by low taxation, not by industrial policy

Contrary to popular belief, China's economy depends much less on central planning than in the past. China is strong in EV development,

The U.S. military machine is unsustainable

The U.S. government is spending trillions of dollars to prop up military ventures around the world. This kind of spending and exhausting