…land is free and labor is unassisted by capital, the whole produce will go to labor as wages. Where land is free and labor is assisted by capital, wages will…

It’s no secret that I am no fan of NAFTA, which is to free trade what George W. Bush is to entrepreneurship. So when Barack Obama and Hillary Clinton were…

…in 2010. And of Arizona Free Enterprise Club’s Freedom Club PAC v. Bennett, a bizarre 5-4 opinion fabricating a constitutional ground on which to strike down Arizona’s matching-campaign-funds statute that…

Chris Martenson at Peak Prosperity emphasizes aspects of oil and gas markets often left out of discussions, something our own Spencer England has remarked upon as well in Oil industry…

…their wool to market, they have no incentive to produce that wool. (And no: they “didn’t build” those roads.) Some complement of common goods is necessary for the private incentives…

…Fed’s also engaged in “quantitative easing,” a.k.a. open-market purchases on steroids, creating new money and using it to buy $1.6 trillion dollars worth of bonds from banks. The money is…

…does not own the euro rather it uses the euro) are subject to market constraints. And with negative growth comes higher government deficits; but the market is not satisfied with…

…spanning 1996-2011. This is probably a consequence of service sector jobs growing as a share of the labor market. I’d like your ideas in comments as well. Clearly this is…

…only if markets anticipated that QEII would be approximately half a trillion $ worth of purchases of long term treasuries. If the market had expected a trillion, and QE has…

…Banks have controlled derivatives trading in order to make it a lucrative noncompetitive market for them and a costly market for derivatives endusers, read the article in the Saturday New…