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How Can Economists Say They're 'Capitalists'?

Joseph Calhoun, Alhambra Investments

It's the residual of all the stuff we can't explain. It's not that our models are wrong, it's the dark matter that's out there. - Fed Governor Neel Kashkari, referring to the "term premium" in long...

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Waiting for a Correct Rate Call from the Media? Don't

John Tamny, RealClearMarkets

It's always worth stressing that "billionaire" as a descriptor of "hedge fund investor" is common precisely because the billionaires in the space are so uncommon. Put another way, we hear a lot about...

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Financial Fraudsters Have Escaped Justice for Far Too Long

Ankush Khardori, NYT

The Justice Department has been losing ground in the fight against financial fraud for years.

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Trade Created Jobs You Don't Want "Destroyed" by Trade

Donald Boudreaux, AIER

"By keeping prices down, and outputs and product varieties up, trade makes every dollar earned go further." ~Donald J. Boudreaux

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Partisan Bias Shot Through Ops at Vanguard and State Street

Scott Shepard, RCM

Late in the last millennium, before the whole of academe had succumbed to virulent partisanship and abandoned even the fig leaf of objectivity, a professor in a journalism course I was taking at the...

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Government Shutdowns Not Deficit-Reduction Devices

Don Wolfensberger, The Hill

One doesn't reduce the other.

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The Way To Do Politics From Someone With Incredible Wisdom...

Rob Smith, RCM

George Washington is my "home skillet." I grew up just a few miles from where he did in the Northern Neck of Virginia. It's a safe assumption he visited, perhaps spent the night in the house where I...

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