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The End Game Of Bubble Finance: Political Revolt

Taxes and SpendingU.S. HistoryMoney and Banking

Blog7 hours ago

During Friday's bloodbath a CNBC anchor lady assured her audience that Brexit wasn't a big sweat. That's because it is a political crisis, not a financial one.

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Brexit Shows Why the US Income Tax Is So Bad

Taxes and SpendingU.S. EconomyU.S. History

Blog8 hours ago

The fact that the US government can tax citizens directly makes the act of state secession far more difficult.

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If the UK Economy Tanks, Don’t Blame Brexit

The FedGlobal EconomyMoney and BanksMoney and Banking

Blog22 hours ago

The Bank of England has been less reckless than the ECB. But both the UK and the eurozone economies are fragile thanks to loose monetary policy.

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The US Should Have 10,000 Members of Congress

U.S. HistoryWorld HistoryPolitical Theory

Blog06/29/2016

The ballooning size of legislative districts in the US is just one more illustration of how the United States is too large.

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The EU Is About Control, Not Free Trade

Big GovernmentGlobal Economy

Blog06/29/2016

Politicians like Juncker and Merkel speak of the EU as if it were a marriage or a family, to which one is bound by some transcendental duty.

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My Contributions to Entrepreneurship Theory

The EntrepreneurEntrepreneurship

Blog06/29/2016

Peter Klein examines the role and work of Austrian scholars like Mises, Kirzner, Hayek, and others in explaining how entrepreneurship works.

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After "Brexit," Can We Exit a Few Things Too?

Global EconomyPolitical Theory

Blog06/28/2016

The act of exiting is liberating. We should make a longer list of those things we would like to get out of.

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Why Large, Local Legislatures Are Better than the EU Parliament

Big GovernmentLegal SystemPolitical Theory

Blog06/28/2016

Large parliaments with small district sizes and easy access to legislators are preferable to the EU system of huge constituencies and little access.

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Why All the Post-Brexit Hysteria?

Financial MarketsGlobal EconomyPolitical Theory

Blog06/27/2016

Brussels is doing all it can to make the UK pay for wanting to leave the EU. This only further illustrates why exit from the EU is a good idea.

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EU Hints It May Stop Speaking English To Spite UK

Media and CultureStrategyInterventionism

Blog06/27/2016

This week, the EU suggested that it would no longer allow English as an official language, and the Irish will speak Gaelic instead.

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Gun-Control Advocates — Check Your Privilege

Media and CultureValue and Exchange

Blog06/27/2016

If you can afford to live in a nice neighborhood with a responsive police force, the cost to you of gun control is much lower than for others.

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The Problem Isn’t Fed Policy — It’s the Fed

The Fed

Blog06/27/2016

No human can withstand the political pressure to inflate reserves. As long as central banks have discretion, they will inflate the money supply.

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Nations by Consent

Global EconomyStrategyPolitical Theory

Blog06/27/2016

Libertarians tend to focus on the analysis of the individual and the state. But what about the dramatic reemergence of the neglected aspect of the "nation"?

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Brexit Could Cause Exit from Bonds to Vault Cash

Global Economy

Blog06/27/2016

In the wake of Brexit, British investors may now begin to liberate their cash from government-issued debt by hoarding it in private vaults.

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The Fed and Bernanke Are Wrong About the Natural Interest Rate

The FedMoney and BanksMoney and Banking

Blog06/26/2016

If the Fed would quit meddling with interest rates, the natural interest rate would be revealed.

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The Week in Review: June 25, 2016

Global EconomyWorld HistoryPolitical Theory

Blog06/24/2016

By rejecting globalism and embracing self-determination, Brexit is an example of decentralization and devolution of state power, which is cause for celebration.

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First the UK, then Scotland ... then Texas?

U.S. EconomyU.S. HistoryPolitical Theory

Blog06/24/2016

That didn't take long. Only hours after the British vote to secede from the EU passed, political leaders in Scotland renew their drive to secede from the UK.

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Sen. Toomey Pushes Yellen on Fed Distortions

The Fed

Blog06/24/2016

Sen. Toomey should read Mises or Rothbard, and check other resources on mises.org, and he'd be able to grill Yellen with greater intensity next time.

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European Integration Is Dead, Long Live Monetary Cooperation

Financial MarketsAustrian Economics OverviewMoney and Banking

Brexit has raised some barriers to globalism, but central banks remain unimpeded in their efforts to work together to manipulate economies.

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What Now, Britain?

Free MarketsGlobal EconomyLegal System

Blog06/24/2016

Brexit is not so much a victory as an opportunity, a chance to once again spread the ideals of peace and free trade from which all human progress derives.

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