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Charles Dickens trained many to hate capitalism, but he never understood the difference between envious hatred of wealth and charitable concern for the poor....
Consumer spending does not drive the economy. On the contrary, saving, investment, and entrepreneurship are the critical components of economic growth.
Scandinavia is not socialist; in fact, they are often ranked far higher than socialist economies like Venezuela in terms of economic freedom.
Losing one’s money, credit cards, and passports in a New York City cab could have been a disaster. Thanks to trust and cooperation among...
While the NBER collects economic data ostensibly to aid policymakers, the data it acquires is useless without proper economic theory to correctly interpret the...
It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is a false...