[This foreword to Henry Hazlitt’s Failure of the New Economics (available at mises.org free in PDF, ebook, and audiobook) was first published in…
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Student Loans and Government Subsidies: Another Government “Benefit” Creates Financial Chaos
The origins of the federal student loan program are well documented and follow a similar trajectory to most government subsidy programs in American history.…
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“We live in a time where few understand how things get made. It is fine to not know where stuff comes from,…
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Propping up congressional deficit spending, juicing equity markets, and constantly recapitalizing commercial banks are the Fed’s true mandates. Original Article: “Inflation, Quick…
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Contrary to What Some Economists Claim, the Fed Can’t Give the Economy a “Neutral” Rate of Interest
On April 19, 2022, at the Economic Club in New York, the Chicago Federal Reserve Bank president Charles Evans said the Fed…
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For most experts, deflation is bad news since it generates expectations for a continued decline in prices, leading consumers to postpone the…
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The most recent macroeconomic figures show that the Chinese slowdown is much more severe than expected and not only attributable to the…
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Inequality and social mobility are hotly debated issues. One important indicator of social mobility are wealth-to-income ratios. If a country’s wealth-to-income ratio…