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Obama And The Commanding Heights
We gather tonight knowing that this generation of heroes has made the United States safer and more respected around the world. (Applause.) For the first time in nine years, there are no Americans...
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Why Bankruptcy Is The New Black
OK, OK, I’m not exactly one to write about fashion, but fashion is about trends, and investment analysis is frequently about identifying trends early, if possible even before they properly begin, to...
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Why Estonia Is Beating The Eurozone
This article came in this morning from the Mises Institute about Estonia, a country we’ve been casually following because of its free market friendly policies. Frank Shostak is an economist I follow...
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More On Estonia: S&P Ratings
As a follow up to economist Frank Shostak’s article on Estonia yesterday, S&P affirmed their positive outlook on Estonia. — JH Estonia Ratings Affirmed At ‘AA-/A-1+’; Outlook Revised To Stable On...
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“I Pencil” The Movie
Free markets = spontaneous organization + free trade + specialization of labor + capital + entrepreneurship. In his 1958 essay, “I Pencil” Foundation for Economic Education founder Leonard Read told...
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The Unadulterated Gold Standard Part II (History)
In Part I, we looked at the period prior to and during the time of what we now call the Classical Gold Standard. It should be underscored that it worked pretty darned well. Under this standard, the...
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The Unadulterated Gold Standard Part I*
*It turns out that we did not publish Part 1 of Keith’s article on “The Unadulterated Gold Standard”. So apologies to readers who read Part II before Part I. Here it is. — JH The choice of the word...
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What You Should Be Thankful For On Thanksgiving 2012
This is the third anniversary of this Thanksgiving message to readers. Every year celebrations of Thanksgiving give thanks for the blessings of God for our well-being. As a skeptic, curmudgeon, and...
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It’s Potlatch Season—The Celebration Of All Things Material
Is gift giving during Christmas and Hanukkah a wasteful practice by which we just crave status from friends and family? Is it a harmless, even joyful, practice to bestow goodwill and joy on the ones we...
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Economist James M. Buchanan Dies
The great economist James M. Buchanan died yesterday. He was truly a great thinker. You can read about his importance by comments from Robert Higgs and and Tom Dilorenzo. Here are some excerpts from...
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