Logical positivism holds that theory is irrelevant to the empirical results. It is the other way around; One cannot understand or interpret…
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The recent hefty depreciation of the yen to a twenty-four-year low against the dollar has raised eyebrows due to the yen’s traditional…
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By compensating slave owners for the abolition of slavery, Great Britain ended the scourge of chattel slavery long before it was ended…
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Speaking at Jackson Hole, Wyoming, on August 26, 2022, the chair of the Federal Reserve, Jerome Powell, said the Fed must continue…
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With the impending burial of the United Kingdom’s Queen Elizabeth, republicans from London to Sydney have ramped up their efforts to end…
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Throwing the Fed’s Machinery in Reverse: Fed Interest Rate Policies Continue to Damage the Economy
The Fed’s tampering with market signals undermines the process of wealth generation, thereby exerting an upward pressure on the time preference interest…
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Our economic system—the market economy or capitalism—is a system of consumers’ supremacy. The customer is sovereign; he is, says a popular slogan,…
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The recently completed royal tour of the Caribbean has provoked debates about Britain’s participation in the transatlantic slave trade. Animated by propaganda,…