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President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does not apply to
While monetary authorities and the government claim that they are “fighting inflation,” the truth is that inflation is an important tool for political and economic elites who are centralizing political life.
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does not apply to
What should economists do, and are we doing it?
While many people have declared the US Constitution to be “crystal clear” on issues of governance, the truth is that much of what the Constitution says is disputed. The first step toward more
What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is in the same position but unlike FTX, the Fed
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in the first place. Franklin Roosevelt‘s theft of gold from