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When new British Prime Minister Liz Truss suggested lowering the United Kingdom's highest tax rate from 45% to 40%, along with a 1% reduction in the income tax rate for all taxpayers, the bond markets and the central…

"Empowering the home government today to use trade policy to protect against unfortunate commercial entanglements in the future raises the prospect of failure by the home government." ~ Donald J. Boudreaux

"If people make improvements to unused public land without legal title for their activity, have they earned a claim to that property through their labor on it?" ~ Daniel Betti

Going to college, like all things, has its pros and cons.

"Rather than crowding out the private sector with a CBDC, the government should let a thousand payment mechanisms bloom." ~ William J. Luther

I recently had occasion to re-read Karl Marx’s seminal Communist Manifesto.

"In competitive labor markets, workers and employers cooperate to produce valuable goods, such as healthcare. Workers and employers who fail to produce such goods will tend to earn lower wages and/or lower profits."…

You would be forgiven for thinking—and it would be all too understandable if they were—that the people of Vietnam are anti-American.

“Payrolls posted gains in September, but the pace has been slowing. Mixed signs for the labor market, sustained price pressures, and an aggressive Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes