The job picture continues to worsen: "This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008."
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Donald Trump’s Approval Rating ‘In a Free Fall’ for...
President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more costly and do nothing to address the root of this entire problem: the artificial housing shortage.
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Rethinking "Sticky Prices" and Monetary Disequilibrium
Bob Murphy and Jonathan Newman walk through his claim that real‑world exchanges clear markets—even with supposedly “sticky” prices—and what that implies for money, contracts, inventories, and unemployment statistics.
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The Architecture of Peace: How Markets Transform...
A few hours studying the lessons of history can prevent heaps of grave-digging in the coming years. None of the veterans we celebrate on Veterans Day died protecting freedom in the US.
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Trump's 50-Year Mortgage Will Bring More Inflation...
Total mortgage debt will increase as actual ownership in equity will go down. If homeownership does increase, it will be “ownership” of the sort where the homeowner has little to no actual equity.
November 11 was once known as Armistice Day, the day set aside to celebrate the end of WWI. In this essay Rothbard discusses the war as the triumph of several Progressive intellectual strains from the late 19th and early 20th centuries.
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The Logic of Hyperinflation: A Rejoinder to Hülsmann
Philipp Bagus responds to Hülsmann’s prior response. The debate is over whether closure of Argentina’s central bank would cause an inflationary crisis.
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Innovation Is Not the Key Driver of Economic Growth
Contra the recent winners of the Nobel Memorial Prize in economics, free markets, private savings, and entrepreneurship not so-called innovation, is what drives a market economy.
Environmentalists are at it again, this time claiming that AI centers will create environmental disasters all over the country. Once again, they exaggerate greatly.
Despite the claims from many historians that they just report the facts, the study of history is highly ideological and historians often depend upon narratives. Mises pointed out another way in his Theory and History.
How did Murray Rothbard view Ronald Reagan's legacy? A mood of blind "feel-good" Americanism, entrenched big government, and the evisceration of libertarian gains—leaving only one positive (repealing the 55 mph speed limit).