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The Italian City-Republics Were the Manhattan of the Twelfth Century
The move from feudalism to the relatively free capitalist societies occurred slowly, beginning with the emergence of the city-states in...
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In Defense of Covid “Price Gouging”
The recent inflationary episodes in the USA have led to the emergence of several different explanations, ranging from overexpansion of...
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Röpke Revisited
The Moral Foundations of Civil Societyby William RöpkeTransaction Publishers, (1948) 1996; xxxvii + 235 pp. In an earlier column, I...
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Political Salvation Is Slow Suicide
For all of the political "reforms" being tossed about, the truth is that government is slowly strangling the life out...
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Questioning the Military Necessity of Dropping Atomic Bombs on Japanese Cities
One of the most devastating moments in American history took place on August 6 and August 9, 1945, with the...
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Raise the Social Security Age to (At Least) 75
On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would...
Read moreAfter the Boom Must Come the Bust
The Federal Reserve has created a huge boom full of bubbles. But after the boom must eventually come a bust....
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Biden Is Lying about the Jobs Data
It's only a good time to be a worker in America if one confuses falling real wages and falling full-time employment...
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Yuri Maltsev, RIP
I am sorry to have to report that Yuri Maltsev has passed away. He was a professor of economics at...
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Governments Cannot Effectively Regulate Vaccines
It’s theoretically impossible for government to regulate vaccines effectively. To see why, consider the following thought experiment: Imagine you were...
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