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According to the empirical evidence, there is little doubt that large government debt has a negative, and in many cases an increasingly worsening, impact on the growth potential of a debt-burdened economy.READ MORE
My dear friend Roger Meiners, Professor of Economics at the University of Texas-Arlington, tells of a former colleague of his whose interpretation of reality should teach us all an important lesson. Roger’s colleague, a devout Marxist, once announced that the always-full shelves at American supermarkets are evidence that capitalism is failing. You read that right: […]READ MORE
I hope someday soon we will once again be having very rational yet vigorous discussions about the fundamental issues related to the liberal principles of justice and political economy, and we can point to the resiliency and ingenuity of a free people even in the face of adversity as one of the main arguments in favor of true liberal radicalism.READ MORE
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