With the European economy remaining relatively stagnant and government debt levels climbing to disturbing levels, it's possible that some of these countries will see another debt crisis like we saw in Greece more than a decade ago.
The 1866 civil rights law was historical not because it promised racial equality but because it changed the legal relationship between the states and the federal government.
By appealing to the self-interest of buyers and sellers, capitalism foils attempts by lawmakers to create racially constructed limits on voluntary exchange. Capitalism undermines racism.
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Are apartment syndicators incompetent or crooked? The...
More than two decades ago, the Federal Reserve joined with the federal government to make housing more affordable. The first housing bubble popped in 2008, and a second bubble is on its way to bursting.
Critics of capitalism claim that private enterprise gives workers the unhappy choice of either working difficult, low-paying jobs or outright starving. The claim is false and the history of capitalism tells a different story.
Alexander Hamilton hated decentralization, and wanted a strong central government, high taxes, and a central bank. Hamilton's legacy today dominates in Washington, DC.
Under the regime of apartheid, South Africa's government engaged in legal discrimination. In the new South Africa, the government also engages in legal racial discrimination in the name of "equity."
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The degrowth movement is antihuman, and its advocates...
One of the reasons for the hard-left turn in higher education has been the increasing radicalization of accreditation agencies. It is important for colleges and universities to break away from these agencies and rethink the accreditation process.
The U.S. government is spending trillions of dollars to prop up military ventures around the world. This kind of spending and exhausting of military resources cannot be sustained much longer.
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Does Austrian Business Cycle Theory Help the Investor?
After years of thinking that money can be printed without limits and without creating inflation, monetary authorities are trying to return to logic and have more gold on their balance sheets.
While F.A. Hayek was a promoter of liberty, his work nonetheless often failed to acknowledge just how predatory the state really is. Murray Rothbard understood that the real enemy is the predatory state.