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Posts Tagged: “public choice“
Resource Mismatch as the Purveyor of Discontent
People on the right and left are quick to complain that they are being taken advantage of by other groups. The raucous cries of victimhood never cease, whether targeted towards the influx of illegal immigrants or the cabal of billionaires. The victimhood is primarily of resources. People are very quick to recognize when resources taken […]
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Public Enemies: Government Bureaucrats as Societal Parasites
In today’s interventionist economy, the Fed inflates away the dollar and congress and the presidency spend trillions on a whim. But according to Austrian economist Murray Rothbard, the modern bureaucracy– especially the civil service system– is arguably the greatest threat to American liberty. The following article was originally published by the Mises Institute. The opinions […]
Challenging Secretary Bessent on the Fed’s Failures
Treasury Secretary Bessent recently expressed displeasure with the Fed, implying that he’s interested in investigating whether or not the Fed is successful in promoting price stability. If Bessent digs deep enough, he’ll realize that the Fed has been both utterly unsuccessful and damaging to the economy.
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