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MG_0802
Max Gulker

The FTC’s Strategy Against Facebook is Bad Economics

The theory that Facebook acquired Instagram and WhatsApp primarily to squelch future competition represents a view of antitrust that is simplistic and naive. It also endangers a startup business model that has produced incalculable benefits through innovation.

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thinkliketrump
Jeffrey Tucker

How to Manage Trade Like Trump in Five Steps

The human imagination has a way of inventing an infinite number of reasons why the personal ego is superior to logic and evidence. 

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servicesector
Robert Hughes

Solid Jobs Report Suggests Moderate Growth

A solid though not spectacular July jobs report points to continued modest economic growth. It also adds to the uncertainty around monetary policy, making justification for the most recent rate cut and future rate cuts more difficult.

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Adam-Smith
Michael Munger

There Is Only One Adam Smith

Smith demonstrated that if you really want to help other people, especially poor people, you need to support the growth of commercial society all over the globe.  

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bankofengland
Joakim Book

Egregious Errors in The New Yorker’s Account of Financial History

For a child of a banker, John Lanchester manages to get a lot of banking backwards.

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