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Economics, at its core, is the study of cause-and-effect relationships—analyzing how scarce resources, which have alternative uses, are allocated.
Few really understand why these blue cities are crime-ridden. It’s not merely a lack of resources or even progressive ideology. At the root of...
Japan’s economy is caught between inflationary monetary policy and powerful agricultural interests. There is no easy way out.
In a candid interview, economist Steve Hanke calls the Trump–Putin Alaska summit “a photo-op,” arguing Russia already holds the upper hand in Ukraine. He...
Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads to recessions. Economic experience, however, shows us...
The standard line for passenger rail travel in the US is that we need a government-subsidized entity like Amtrak because while there is a...