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Politics

Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal...

Politics

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Politics

When people speak of “old school economics,” they generally mean the application of economic thinking that involves what we might call “common sense.” That...

Politics

While F.A. Hayek contributed much to the Austrian School of Economics, he also supported the establishment of the welfare state, believing that it was...

Politics

No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.

Politics

Home prices continue to rise as the government tries to further intervene into the housing markets, all in the name of the “American Dream.”...

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