Why Bolivia Is Not a Socialist Success Story
by Brittany Hunter Venezuela is a disaster; this is an indisputable fact. When people are eating their pets to avoid starvation, something has gone horribly…
Read MoreEconomics
The Blockchain Is a Tempting Target for Central Banks
For the past several years, one of the most consistent themes in the world of of central banking has been the ongoing drive to…
Read MoreThe Fed and interest rates
Most experts agree that through the manipulation of short-term interest rates, the central bank by means of expectations regarding future interest rate policy can…
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Speaking truth to power
“Ron Steigler: Mr. Gardner, uh, my editors and I have been wondering if you would consider writing a book for us, something about…
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Does a fall in unemployment lead to stronger economic growth?
In July, the US unemployment rate fell 0.1% from the month before to 3.9%. The number of unemployed individuals fell by 284,000 to 6.280…
Read MoreMacroeconomics Has Lost Its Way
The father of modern macroeconomics was Keynes. Before Keynes there were macro considerations, which were firmly grounded in human action, the personal preferences and…
Read MoreSome Confusions of Language in Economic Thought
Fifty years ago, in 1968, Austrian (and Austrian school) economist Friedrich A. Hayek published a monograph called The Confusion of Language in Political Thought [4]. Hayek…
Read MoreThe Case Against Antitrust
By Jai Khemani Jai recently got 2 A*s and an A in his A levels and is now looking forward to university. Jai is particularly…
Read MoreCan deflation undo the damage of inflation?
In our various writings, we have suggested that loose monetary policy of the central bank, which amounts to the lowering of interest rates and…
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Zero Hedge — Bank of America: These Are The 6 Triggers For The Next Market Crash
With the S&P just one big short squeeze away from all time highs and Q2 earnings for the most part blowing away expectations, the…
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