News
Hazony on the American Tradition
In last week’s article, I discussed some of the arguments Yoram Hazony gives in his book Conservatism: A Rediscovery in...
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Ireland: When MMT and Price Controls Collide, Little Remains
Ireland has been "experimenting" with MMT and price controls. The results are predictable. Original Article: "Ireland: When MMT and Price...
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Covid-19: Assessing the Madness in Year 3
By making covid a political virus, progressive politicians, cheered on by their media, applied political "solutions" that failed to protect...
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Debt-Fueled Demand and Oil Price Inflation Brings Airfares Roaring Back
If you’ve purchased any airline tickets lately, you’ve probably noticed that prices are up. It’s quite a reversal from the...
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The Russian Economy and the Social Contract: The Path to a Deplorable Reality
The social contract in autocracies and totalitarian dictatorships is characterized by the fact that power is always at the top...
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Don’t Be Fooled: The World’s Central Bankers Still Love Inflation
The Bank of Canada on Wednesday increased its policy interest rate (known as the overnight target rate) from 1.0 percent...
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The WHO’s Pandemic Treaty: The End of National Sovereignty and Freedom
Even as much of the world continues to move past the covid-19 pandemic, the World Health Organization (WHO) is already...
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What Krugman Gets Right and Wrong on Trade Surpluses
Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading. Original Article: "What Krugman Gets...
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Why Russia’s Authoritarian Regime Continues to Enjoy Public Support
One of my areas of research in institutional economics is the social behavior of people under different political regimes, what...
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The Place of the Austrian School in the Evolution of Economics
1. The “Austrian School” and Austria When the German professors attached the epithet “Austrian” to the theories of Menger and...
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