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Editor's Pick

The simple narrative today of the southern secession in 1860 and 1861 is that the southern states believed that the institution of slavery was...

Editor's Pick

Herbert Spencer is best known for the term, “Social Darwinism,” but his writings on free markets and law remain brilliantly relevant today. While not...

Editor's Pick

Over the past five sessions, the Indian equity markets headed nowhere and continued consolidating in a defined range. In the previous weekly note, it...

Editor's Pick

Mark Thornton discusses a lesser-known factor in the American Civil War: the Confederate “impressment” policy and its impact at Vicksburg.

Editor's Pick

With the deadline for obtaining the federal government’s Real ID technically upon us, it’s important to understand that this is not an irritating but...

Editor's Pick

“the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent.” Click here for post-FOMC press conference.

Editor's Pick

Mainstream economists define inflation as the increase in an imaginary “price level” that is relatively neutral in its effects. Austrian economists, however, know better,...

Editor's Pick

When people speak of “social justice,” they are not speaking of justice in any historical form but rather an imaginary state of affairs in...