Daily Economy
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Why President Trump’s Banning the Petro Matters for Real Cryptocurrencies
With the stroke of a pen, President Donald Trump may have just accomplished what most observers thought impossible: he’s made the Petro relevant.
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The Beatings of Crypto Will Continue Until Morale Improves
In the ideal world, you invent something wonderful, the world celebrates and starts using it. You get rich. We can dream, can’t we?
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Lift the Occupational-Licensing Blockade on Louisiana
Louisiana should make it easier for low- and moderate-income workers to become florists, bartenders, barbers, and many of the 77 occupations that require an occupational license.
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If You Can’t Beat Foreign Competitors, Copy Them
The “sweet spot” that facilitates spillover effects occurs with foreign firms with local market focus and highly tangible assets. Although the results are not uniform, this new research shows that far from being detrimental, foreign companies keep local ones on their toes, as locals search for ever better ways to serve customers and piggyback on…
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The Long Life of the Mercantile State
The goal of feeding the power of the chief executive is always the core motivation of all forms of mercantilism, whether in the 17th century, the interwar years, or our own times.
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Gold Mining vs. Bitcoin Mining
The contrasting supply and demand mechanisms of Bitcoin and gold mining pose real challenges to the cryptocurrency’s future.
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The Real Walkout Issue: Compulsory Schooling
The kids are being forced into institutions that have proven themselves unable to protect students against violence, and also face no real accountability when they fail to do so. Force is the watchword even without the direct threat of violence from guns and bombs. Why does nearly everyone think this is normal? Because compulsory schooling…
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End the Drug War or Throw Good Money after Bad
Sell drugs, get the death the penalty—just the latest policy proposal that politicians are desperately scurrying to in their futile attempt to win the Drug War. Simple economics of prohibition illustrates why this plan would be a disaster.
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10 Years On: Too-Big-to-Fail Bailouts Failed Americans
Ten years after the financial crisis that triggered a global economic downturn, many Americans are still struggling to get back on their feet. It’s no surprise then that resentment against Wall Street bailouts continues unabashed.
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Food Co-ops and Capitalism
Take a stroll through your local food co-op and you’re likely to find plenty of folks who don’t react so well to the phrase “free market capitalism.” You might get a couple of lectures on social justice, and an earful on the industrialization of global food production and the havoc it wreaks on society. But…
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•
Why President Trump’s Banning the Petro Matters for Real Cryptocurrencies
With the stroke of a pen, President Donald Trump may have just accomplished what most observers thought impossible: he’s made the Petro relevant.
-
•
The Beatings of Crypto Will Continue Until Morale Improves
In the ideal world, you invent something wonderful, the world celebrates and starts using it. You get rich. We can dream, can’t we?
-
•
Lift the Occupational-Licensing Blockade on Louisiana
Louisiana should make it easier for low- and moderate-income workers to become florists, bartenders, barbers, and many of the 77 occupations that require an occupational license.
-
•
If You Can’t Beat Foreign Competitors, Copy Them
The “sweet spot” that facilitates spillover effects occurs with foreign firms with local market focus and highly tangible assets. Although the results are not uniform, this new research shows that far from being detrimental, foreign companies keep local ones on their toes, as locals search for ever better ways to serve customers and piggyback on…
-
•
The Long Life of the Mercantile State
The goal of feeding the power of the chief executive is always the core motivation of all forms of mercantilism, whether in the 17th century, the interwar years, or our own times.
-
•
Gold Mining vs. Bitcoin Mining
The contrasting supply and demand mechanisms of Bitcoin and gold mining pose real challenges to the cryptocurrency’s future.
-
•
The Real Walkout Issue: Compulsory Schooling
The kids are being forced into institutions that have proven themselves unable to protect students against violence, and also face no real accountability when they fail to do so. Force is the watchword even without the direct threat of violence from guns and bombs. Why does nearly everyone think this is normal? Because compulsory schooling…
-
•
End the Drug War or Throw Good Money after Bad
Sell drugs, get the death the penalty—just the latest policy proposal that politicians are desperately scurrying to in their futile attempt to win the Drug War. Simple economics of prohibition illustrates why this plan would be a disaster.
-
•
10 Years On: Too-Big-to-Fail Bailouts Failed Americans
Ten years after the financial crisis that triggered a global economic downturn, many Americans are still struggling to get back on their feet. It’s no surprise then that resentment against Wall Street bailouts continues unabashed.
-
•
Food Co-ops and Capitalism
Take a stroll through your local food co-op and you’re likely to find plenty of folks who don’t react so well to the phrase “free market capitalism.” You might get a couple of lectures on social justice, and an earful on the industrialization of global food production and the havoc it wreaks on society. But…