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Bastiat emphasized that much of what goes on in the economy involves things we don’t see directly. Intermediaries often fall into Bastiat’s category of...
In a recession or a crisis, the right approach for individuals is to save. So too for the national economy. Saving does not cause...
Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t...
The governmental response to the covid pandemic was to cripple the economy. To compensate for the damage, the Federal Reserve unleashed massive inflation in...