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Idaho Politician Opposes Removing Tax on Gold for a Very Odd Reason

Blog15 hours ago
According to one Idaho legislator, gold is useless as an inflation hedge because its price has increased 4,000% since the 1860s.

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The Right to Discriminate Is a Basic Property Right

U.S. HistoryPrivate Property

Blog16 hours ago
The right to discriminate in how one uses one's property is not a religious issue. It's nothing more than a basic issue of property rights.

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Ryancare is Failing — What Should Happen Next?

Free MarketsHealthU.S. Economy

Blog03/23/2017
The market is creating its own solutions to Obamacare. The focus should be protecting it from further government control.

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How the Global Drug War Pushed Down Heroin Prices

Legal SystemWorld HistoryPrices

Blog03/23/2017
As the Drug War attacked heroin production in one place, it encouraged increases in heroin production in other places, pushing down global prices.

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Celebrating Murray!

EducationPolitical Theory

Where Austrian economics was once a dwindling school of thought, now it flourishes in the US, Europe, Asia, and Latin and South America.

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How the Government Ruined US Healthcare — and What Can Be Done

HealthPolitical Theory

Blog03/22/2017
The American healthcare system is a byzantine system of government imposed monopolies and subsidies. Now, some doctors are trying to get out.

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Don't Confuse Immigration with Naturalization

The EntrepreneurPrivate PropertyValue and Exchange

Blog03/22/2017
Governments made a mess of immigration thanks to their naturalization and welfare policies. But the answer is not to further limit property rights.

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Donald Trump's Whig Is Showing

Global EconomyTaxes and SpendingPolitical Theory

Blog03/21/2017
Donald Trump has revived the old philosophy of the American Whigs — a political faction in favor of trade barriers and lots of government spending.

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Obamacare Repeal or Obamacare 2.0?

Blog03/21/2017
The Obamacare "repeal" fails to address Obamacare’s most destructive features.

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The Stench Inside The Fed

Blog03/20/2017
Danielle DiMartino Booth's new book on the Federal Reserve provides an insider's look at the Fed's role in the 2008 banking crisis and beyond.

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America Is Hardly a Bastion of Free Trade

Free MarketsGlobal EconomyInterventionism

Blog03/19/2017
Contrary to the popular myth, the US often imposes many crippling regulations in its international trade practices. We need more trade, not less.

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Week in Review: March 18, 2017

The FedHealthU.S. EconomyPolitical Theory

Blog03/17/2017
The Fed raised interest rates another quarter of a point, selling the narrative that the economy is strong — in spite of its own indicators.

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Understanding Money Creation and the Trade Balance

Money and BanksMoney and Banking

Blog03/21/2017
In the floating exchange rate framework, by means of monetary policy coordination central banks can create the illusion of currency stability.

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Murray Rothbard Explains Why the US Government Spies on Us

U.S. HistoryPolitical Theory

Blog03/17/2017
Attempts to spy on every taxpayer are what we should expect from a state that has been granted moral legitimacy by its victims.

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Is the Snapchat IPO Proof of a Tech Bubble?

Financial MarketsMoney and Banking

Blog03/16/2017
It's unclear that Snapchat can make a profit. But, thanks to central banks, that's not stopping investors from pouring billions into the company.

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