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Prompted by an online debate about whether economics belongs with the hard sciences, Bob reviews common defenses of mainstream practice and explains why they...
Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause-and-effect, Keynesians don’t understand that downturns are...
Roger Williams, the Baptist minister whose libertarian views ran afoul of the Massachusetts Bay Colony authorities, should be honored as one of this country’s...
While giddy socialists are proclaiming that Zohran Mamdani’s electoral victory is the beginning of a socialist takeover of the U.S., the Democratic Socialists of...
Pseudo entrepreneur Sam Altman now wants “a federal guarantee to make it easier to finance massive investments in AI chips for data centers.”