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Taking Back Our Liberty in 2022

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For those of us who value liberty, these past two years have been a bad dream. It seems like we fell asleep in early 2020 and woke up in 1984! They said that if...

The First Economics Lesson

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Economics is haunted by more fallacies than any other study known to man. This is no accident. The inherent difficulties of the subject would be great enough in any case, but they are multiplied...

Could 2022 Bring the Collapse of the Euro?

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Like the Fed, the ECB is resisting interest rate increases despite producer and consumer prices soaring. Consumer price inflation across the Eurozone was most recently recorded at 4.9%, making the real yield on Germany’s...

The Problem with “Left vs. Right”

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As a libertarian, I have long objected to being characterized on a left-right political spectrum (as with studies of political affiliations that group libertarians with republicans or conservatives on the right). In response to...

America’s Wars Are Far More Costly than the Pentagon Admits

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America’s decision to withdraw troops from Afghanistan was greeted with disdain in some quarters. But so far, most pundits have explored this debacle from the vantage point of foreign affairs by either lamenting the...

CDC Spreads Misinformation on Masking, Not Science

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Twisting the truth is our current Federal Government’s modus operandi. Look no further than White House Press Secretary Jen Psaki’s latest political gymnastics when she claimed, “We’ve not been pro-lockdown – most of the lockdowns actually...

Lessons from the Tokugawa Shogunate 1603 – 1868

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Japan’s Tokugawa Shogunate is best remembered outside Japan as a 265-year period of isolation and stagnation, though that assessment is superficial and unfair, or at best, incomplete. Economists often cite Japan under this regime as...

Understanding GDP

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Gross domestic product (GDP) is the most commonly used measure of economic performance. It serves as a standard measurement to compare economic activity and production across countries. The US Department of Commerce’s Bureau of...

On Skepticism of Covid-19 Vaccines

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Tennis star Novak Djokovic famously (or, depending on your perspective, infamously) refused to get vaccinated against Covid-19 as a condition for entering Australia to play in the Australian Open. Djokovic’s refusal prompted National Review’s Kevin Williamson and Charles...

$30 Trillion With Neither a Whimper or Bang

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On Tuesday, February 1, 2022, the United States national debt surpassed $30 trillion for the first time. It’s the latest in a series of recent fiscal and monetary benchmarks received with increasing blitheness. I counted only a...