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Editor's Pick

Economic Illiteracy Handicaps Britain’s New Right Wing Party

Britain’s new populist party, Reform UK, has done well in the polls but is embarking on head-scratching proposals to deal with energy issues. Instead of pushing market reforms, RUK is proposing a mix of subsidies, taxes, and prohibition to respond to high energy prices.

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What do COVID lockdowns, currency collapses, and hyperinflation all have in common? According to Steve Hanke, they all reveal how central planners manipulate fear,...

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An enduring myth among American historians is that President Hoover’s response to the Depression was to let the free market work. This is totally...