Being two of the most influential companies operating in the world, both Apple and Facebook have lately been feeling the pinches of…
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In an open letter to the EU Commission with the title Joint Letter: Reshaping the European Fiscal Framework, on February 17, 2021, a…
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The economic analysis of repudiation applies to the debt of all levels of government and to all countries. The central question is…
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Last week the Fed announced that, retroactive to May 2020, its M1 money stock measure would include savings deposits, which were reclassified…
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In a display of unconvincing enthusiasm, NBC reported today that payroll employment “surged” in February. Specifically, total nonfarm payrolls (seasonally adjusted) grew…
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In Man, Economy, and State, Murray Rothbard expounds the principles of economics by reconstructing an economy from the ground up. Following the…
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The assertion that “tax-financed public goods can make us all better off” is just that: an assertion. As Rothbard showed, there is…
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If we look beyond the mere tax revenue totals, we begin to understand that the cost of taxation to society is far…