William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day. ...
A free market economy does not generate jobs or money. Instead, it creates wealth through exchange and production. Government intervention, contrary to what mainstream economists believe, does not enhance wealth, but instead destroys it. ...
Amtrak is always on the verge of reviving intercity rail traffic in the US, or at least that is what politicians want us to believe. The truth is that the case for defunding Amtrak has never been stronger. ...
Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better, as they realize that the effects of inflating the money supply are anything but neutral. ...
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where ...
The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world’s reserve currency, the US has engaged in ...
The transatlantic slave trade from Africa is a well-known chapter in the history of slavery in the Western Hemisphere, but much lesser known is the enslavement of Native Americans. Many of them were shipped to plantations in the Caribbean where ...
The idea of making a living from online betting sounds exciting. Who wouldn’t want to sit at home, place a few smart bets, and watch the money roll in? It’s a dream that attracts many people—especially with flashy ads and ...
State-funded media has been a hallmark of the Soviet Union and of all other oppressive, totalitarian regimes in history. ...
Non-GamStop casinos – non-recognized UK self-exclusion scheme-registered gambling platforms- offer entrepreneurs across industries invaluable lessons on growth strategies. These casinos have successfully identified gaps in the market, addressed regulatory challenges effectively, and leveraged technology to attract dedicated customer bases. By ...