Silver isn’t a “Giffen good.” It’s a case of shifting demand, not broken economics.
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Colleen Hroncich “Phew!” That’s the sound echoing around Idaho today after the state supreme court…
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Jeffrey Miron President Trump’s suspension of immigrant visas for 75 countries took effect on January 21.…
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Editor's PickInvesting
Restoring the NIH Mission: Some Good News, Some Not-So-Good News, and Some Really Bad News
John F. Early and Terence Kealey In our Cato working paper “Mission Lost: How NIH…
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Colleen Hroncich Although she had a long career teaching in public schools, Genevieve Hinnant saw…
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World News
Brazil’s Social Function Trap: When Property Becomes Conditional, Markets Become Political
While Brazil calls itself a constitutional democracy that has a market economy, private property and…
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Understanding history is not about understanding formulas or narratives. Instead, we must understand the people…
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World News
Machiavelli Is Dead: Why Politics Without Property Rights, Rules, and Moral Limits Cannot Work
Modern political economy is based upon a Machiavellian belief in might makes right. Yet, political…