The US government is aghast that there is a new grouping of nations that seeks to form an alternative to the US trade bloc and trade settlement system that uses the dollar. These nations have [more…]
In a previous post titled “Why Does Government Always Make the Same Economic Mistakes?” I quoted Judicial Watch CEO Tom Fitton. Regarding another matter he said that the way to predict future behavior is to [more…]
In this series of “Professional Practice in Governance and Professional Organizations” by Springer Nature, the most prestigious academic publisher in Europe if not the world, editor Max Rangeley has enlisted actual practitioners to explain how [more…]
Most economic analysts predict that the US is about to enter into a cyclical recession. Even Austrian School economists, like me, agree. The big question is “What will government do?”. Will it finally stop its [more…]
The above title would make one believe that what follows will be very long and very difficult to learn, but it is not. In this short article I will explain the relationship among four metrics: [more…]
To: Professor Don Boudreaux, George Mason University From: Patrick Barron Date: July 21, 2024 Dear Don, I read your latest Café Hayek post “On Making the Case for Free Trade” in which you respond [more…]
The debate over publicly funded welfare can be solved very quickly. There is constant demand for more welfare: more money for longer periods of time for those out of work, more money for the handicapped [more…]
Regulatory agencies are not needed and actually retard whatever good they are suppose to prevent or mitigate. I’ll give just three quick examples. The Center for Disease Control (CDC) The underlying rationale for the CDC [more…]
Many economic pundits predict that the US and much of the world either is in a recession or about to enter one, depending upon one’s definition of the term “recession”. This brief essay is not [more…]
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