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Economists consider probability to be central to economic analysis, but, as Ludwig von Mises wrote, economic action involves unique and purposeful events, not random...
The rise of the state led to the rise of credentialism, however, credentialism neither guarantees competence nor quality.
Bob uses three recent controversies–Richard Murphy’s “Christmas all year” claim, Elon Musk’s net worth, and Ron DeSantis on the Great Depression–to clear up common...
President Trump recently accused the New York Times of treason because the paper printed something he didn’t like. Unfortunately, Trump is not the only...
The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a...