The Cognitive Dissonance of the State

Robert Higgs is an incredible economist. His theories of the ratchet effect and regime uncertainty stand on their own two feet as defining the reality of economies controlled by governments today – and that is to say nothing for nearly single-handedly forcing mainstream economists worldwide to reconsider that supposed “fact” that WWII “got us out…

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Bush = Obama = Romney = The Next Guy

After being confronted yesterday with a challenge to explain why Romney will not be any better than Obama, I thought it was time to prepare a good case, get a few sources, and show why Romney is as big-government as Obama. In core essence, these men stand for the same policies. The difference is the…

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A Note on Inflation

I can’t find any sources for this, so consider it my own conjecture. I have been asked many times lately why inflation is not worse, and if it disproves what I have been saying about the economy being in dire straits. The answer is “not yet,” and here are a few reasons why: Consumer confidence…

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