On Wednesday, August 11th, the stormy Monsoon Session of Parliament came to an abrupt end when both Houses were adjourned sine die,…
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There is a great new policy forum article in Science defending the use of the social cost of carbon (SCC) in climate…
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In 1971, Nixon used a fiscal crisis to justify severing the dollar’s last connection to gold. It was the same old story:…
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Bob gives a brief history of money in the United States, explaining that the dollar was much “harder” in, say, 1810 than…
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With the Federal Reserve’s annual Jackson Hole symposium there’s been much talk about when the central bank might allow interest rates to rise,…
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Fans of Austrian economics know hedge fund manager Mark Spitznagel as a brilliant thinker thoroughly steeped in Menger, Böhm-Bawerk, Mises, and Rothbard.…
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Stalin’s War: A New History of World War IIby Sean McMeekinBasic Books, 2021831 pp. Probably the dominant mainstream view of World War…
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The collapse of the monetary order in 1971 reflected the massive dislocations and malinvestment of resources that ultimately turned the decade into…