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Economy

The recent attention on USAID and explosive revelations on where its spending is really going surely comes as an early Christmas gift for Rand...

Economy

When asked why Donald Trump won the presidency last November, most people point to inflation. That’s understandable. Prices soared under the Biden administration. In...

Economy

Introduction Economics textbooks feature a coherent theory of how markets can allocate scarce resources in ways that achieve what is plausibly described as maximum...

Economy

Some economists have likened entrepreneurs to heroes, praising their role in disrupting industries and driving progress. Joseph Schumpeter, for instance, famously described them as...

Economy

The latest inflation data from the Bureau of Economic Analysis largely confirm market expectations. The Personal Consumption Expenditures Price Index (PCEPI), which is the...

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