The Best Answer to Trump’s Tariffs: Free Trade
In the Bible it says, “He that is without sin among you, let him first cast a stone . . .” It also has…
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The Myth that Central Banks Assure Economic Stability
The world has been plagued with periodic bouts of the economic rollercoaster of booms and busts, inflations and recessions, especially during the last one…
Read MoreTariff Walls and Trade Wars Equal Government Planning
Trade wars are dangerous and harmful policies for governments to pursue. They hurt consumers due to higher prices and fewer alternatives; they reduce competitive…
Read MoreMonetary Fallacies and Inflationary Bubbles
Looking to the next few years ahead, is America and the world going to continue riding a wave of economic growth, improving standards of…
Read MoreKarl Marx and Marxism at Two Hundred
A specter continues to haunt the world, the specter of Karl Marx. Two hundred years ago, on May 5, 1818, the father of twentieth…
Read MoreReasons for Anti-Capitalism: Ignorance, Arrogance, and Envy
Why is the free enterprise or capitalist economic system so widely disliked, hated and opposed? Given the success of the competitive market economy to…
Read MoreMises the Man and His Monetary Policy Ideas Based on His “Lost Papers”
One day in 1927 Austrian economist, Ludwig von Mises, stood at the window of his office at the Vienna Chamber of Commerce, and looked…
Read MoreTrump’s Protectionist Follies Threaten a Trade War
President Donald Trump has announced the planned imposition of a new, 25 percent tariff on imported steel and a 10 percent tariff on foreign…
Read MoreWhy Not Private Provision of Many Government Services?
One of the great controversies in modern society concerns the necessary and required functions of government. There are few who disagree that if government…
Read MorePublic Goods, National Defense, and Central Planning
The competitive market economy is a powerful institutional mechanism for bringing human ingenuity, energy and creativity to bear to improve both the material and…
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