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Hayek once remarked, “If socialists understood economics, they wouldn’t be socialists.” Building on this, if socialists understood socialism, they wouldn’t be socialists.
Lower interest rates can help promote economic growth—as long as those rates are determined by the market and not by political edict.
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Bob explains why blaming private equity for America’s housing woes misses the deeper economic forces at play, from speculation to Federal Reserve
When we speak of “justice,” how does one define it? More importantly, what is the authority by which justice is defined? Murray