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America is always on the verge of finally having “honest government.” Of course, what passes for “honest government” is a government that efficiently takes...
One of the myths of Keynesian theory is that through monetary injections and government purchases, an economy can spend itself into prosperity. While such...
Mark Thornton explains the target as another smokescreen that was originally intended to stabilize monetary policy, currencies, and exchange rates, but has become a...
As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in circulation. The...