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With all but two relatively obscure states—Rhode Island and North Carolina—having ratified the Constitution, the Confederation Congress was now ready...

There is a considerable Austrian literature on the unsustainable boom driven by credit expansion. When the boom ends, a depression...

In Europe, there is no competitive market for electrical power. And since power is an important factor of production, it...

My town, Tallassee, Alabama, is an old mill town. It straddles the Tallapoosa River, which is dammed at that point...

Cuba is a dictatorship that uses terror and propaganda to repress its people. It locks citizens up, strips them of the...

As government seek ever larger amounts of debt to finance more spending, they're embracing huge debt levels in the way...

The United States’s jobs recovery is extremely poor, especially if we consider the size of the monetary and fiscal stimulus...

Inflation has been on the rise for the past year and in the last few months it has accelerated. In...