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Both economists and laypeople carelessly refer to interest rates as the “price” of money. As Austrian economists have pointed out, however, interest is what people are willing to pay to control resources at the present time instead of waiting until later, time preference.
Vanessa Brown Calder On the campaign trail last week, former President Trump promised that under a future Trump administration, “government will pay” or “your...
Clark Packard The US-China relationship is the most important and complex bilateral relationship in the world today. How these two superpowers interact is a...
In this video from StockCharts TV, Julius takes a look at rotations in an asset allocation RRG. He compares fixed-income-related asset classes, commodities, the...
Walter Olson The Electoral College is out of favor these days not only among scholars and commentators but also with the general public. Why...
