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Fun Fiscal Policy Fact

Table: Real growth rates of GDP, government expenditures, and federal tax receipts (year-end). The conventional wisdom is that the Hoover administration cut federal spending and…

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Misplaced Ire

The commentariat is liable to sprain an ankle, jumping to conclusions like that.

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Mises on Political Parties

With a fiercely partisan election less than a month away, the concluding paragraph of Ludwig von Mises’ Liberalism is a refreshing rejection of party politics.