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…
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The official slogan of this year’s Conservative Political Action Conference (CPAC) was “America UnCancelled,” and the conference featured a slate of topics confined…
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Democrats are again pushing to increase the federal minimum wage, this time roughly doubling it to $15 per hour. And as with…