Economics

The FTC Attacks Amazon

The Federal Trade Commission (FTC) is the permanent government bureaucracy responsible for enforcing antitrust laws in the United States. Accordingly,…

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Weighing Whether the Standard Scale Makes Sense

"Largely thoughtless adoption of a grading scale inherited from primary school can increase the emphasis on rote instead of reason…

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Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’

"We are wealthier now, not because we earn more but because we trade less of our time for goods. The…

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What Should the Federal Reserve Do Now?

"Inflation is running above 2 percent by any measure, and a current temporarily higher rate on short-term securities can reassure…

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Another Rate Hike? Let’s Not

"Interest rate and liquidity data point to the same conclusion: monetary policy is sufficiently tight. Further tightening could cause a…

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The Fundamental Problem with Unions According to Leonard Read

Leonard Read, founder of the Foundation for Economic Education, was totally committed to the proposition that liberty, and the private…

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The Multiyear Decline in US Economic Freedom

"In 2007 only three countries were economically freer than the US, but by 2015 eleven nations were. Today, 24 are…

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There Are No Democratic Socialists And No Liberal Dictators

"The dictator who finishes off democracy is not an enlightened individual. A dictator can then indeed liberalize, but this will…

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Fossil Fuels Aren’t a Bad Habit We Can Just Kick. They’re a Critical Part of the Economy

If one is on social media, they are likely already acquainted with the fear mongering that is the “climate crisis.”…

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How To Be Accidentally Right, Central Banking Style

"Money is broken, and while these activists might not be able to explain how, they’re not wrong in pointing their…

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