In this episode of Liberty Curious, Kate Wand invited Phil Magness to discuss the origins of critical theory, which is a neo-Marxist school of thought born in the Frankfurt School…
Category:
Economy
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Writing in the Wall Street Journal, John Cochrane argues recent events vindicate the fiscal theory of the price level (FTPL). According to Cochrane, and other proponents of FTPL, inflation is…
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In her excellent AIER essay “The Charge to Change Capitalism and Why the Profit Motive Must be Preserved” Kimberlee Josephson wisely warns of the dangers posed to the economy by…
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The California Secretary of State recently announced that another effort to expand rent control in the state has gotten enough signatures to make the ballot next November. Michael Weinstein, who…
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AIER’s Everyday Price Index (EPI) increased by 0.34 percent in July 2023. With this increase, the index stands at 285.2, 0.5 percent below its level one year ago in July…
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In an effort to better understand the intellectual foundations of what eventually came to be known as Bitcoin, we have thus far explored those of the competition in currency proposed…
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Ludwig von Mises said something amazing, a sentence with just 25 words but with a profound insight into how societies work, or could work. The 25 words are these: The…
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At a recent event at New York University, Federal Reserve Board Governor Christopher Waller described the recent policy actions by the Fed, discussed his view of the lags between monetary…
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Collectivism has had great intellectual reach since the Russian revolution in 1917. Marx’s ideas continue to remain popular, with many seeing the world Marx envisioned as a land of plenty.…
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Critics of majoritarian democracy are fond of pointing out that it is akin to two wolves and a sheep voting on the dinner menu. That evinces graphically compelling imagery, but…