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Raising Interest Rates Does Not Counter Inflation

When inflation surges, the first thing on the government's agenda is for the Federal Reserve to try to force up interest rates. However, as Frank Sho…

1 week, 3 days ago

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The Fear of the Signal: Why the State Urgently Wants to Bind Prediction Markets

Prediction markets, while obviously imperfect, still work well because people voluntarily put their money where their beliefs are. Naturally, the gov…

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Sound Money, Artificial Intelligence, and the Pope

Unfortunately, the Pope does not understand the role that monetary inflation plays in fueling AI's excesses. If he did, he might lead a necessary ant…

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April Money Supply Growth Hit a 49-Month High. And Prices Soared.

In spite of repeated claims from the Federal Reserve that monetary policy is at least moderately restrictive, there is no sign of any slowing in mone…

1 week, 3 days ago

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Moloch in the Regulatory State

Regulatory systems are infamous for creating “traps” in seem to be impervious to reform. Regulators seek to “drain the swamp,” but, instead, find the…

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The Fed's Real Job: Propping Up Dollar Reserve Currency Status

Episode 553

Bob sits down with economists Alexander Salter and Joshua Hendrickson to discuss their new paper arguing that the standard Austrian critique of the F…

1 week, 5 days ago

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Why Politicians Lie—and How Easy Money Keeps the Boom Alive

Episode 181

On this episode of Minor Issues, Mark Thornton opens with a review of John Mearsheimer’s Why Do Politicians Lie?, focusing on strategic deception in …

1 week, 6 days ago

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The Abolitionist Movement in the Antebellum South

Before the Nat Turner Rebellion and the rise of militant abolitionism in the North, there were more anti-slavery societies in the South than in the n…

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The Declaration of Independence versus Egalitarianism

Egalitarian interpreters of the Declaration not only empower the centralized state but promote a view of “equality” that shares a common ethical erro…

1 week, 6 days ago

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The NDAA's Attempt to Election-proof US-Israel Relations

Episode 47

On this episode of Power and Market, Ryan, Connor, and Tho look at the debate over the latest National Defense Authorization Act.

2 weeks ago

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