Taxes and Spending
For centuries, entrepreneurial talents in China were diverted to military wars, political struggles, and government services. But now things are changing.
Booms and BustsBusiness Cycles
Even if business people learn to expect easy-money caused bubbles and busts — this would still not prevent the formation of a boom-bust cycle.
Free MarketsPolitical TheorySubjectivism
Media and Culture
Conservatives appear to be increasingly in favor of using the power of the state to force their agenda. But what happens when the state they favor is turned against them?
Money and BanksMoney and Banking
The fact that politicians, central bankers, and “too big to fail” bankers all oppose a gold standard is a tacit admission that hard money would serve as an effective constraint on their activities.
“A billion here, a billion there, pretty soon you’re talking about real money.”
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