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Rapid Money Supply Growth Does Not Cause Inflation

Neither do rapid growth in government debt, declining interest rates, or rapid increases in a central bank’s balance sheet Read more

Trade Liberalization After the U.S. Election

The TPP is dead, as is the assumption that future free-trade agreements can be negotiated by experts alone Read more

Why Economic Recovery Requires Rethinking Capitalism

Mission-oriented public investment is vital to spur a revival of private-sector investment Read more