Taxes were Never Really Cut, and the Economy is Suffering for it

Contrary to conventional wisdom, the government borrowing money now doesn’t just harm future generations. It hurts economic growth in the present, the same year the money is borrowed. Every Treasury bond purchased on the open market represents a U.S. corporate bond that isn’t purchased.… Read More

How Markets Foster Human Cooperation

For every species of animals and plants the means of subsistence are limited. Hence every living being’s vital interests are implacably opposed to those of all members of its own species. Only human beings know how to overcome this irreconcilable, nature-given conflict by embarking upon cooperation.… Read More

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