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Elon’s X Marks the Spot in Brazil
19+ hour, 45+ min ago —...that orders issued by Alexandre de Moraes, a Justice of STF (Brazil... ...Alexandre de Moraes. ... ...Elon Musk’s involvement began after “Twitter Files Brazil” were revealed... ...before heading to Porto Alegre for the Forum da Liberdade, where...
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Why Haven’t We Whipped inflation Yet?
19+ hour, 45+ min ago —...Despite extraordinary monetary tightening by the Federal Reserve,... ...For example, the New York Fed puts the natural rate of interest between... ...Recall that the real fed funds rate is equal to the nominal fed funds...
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Nippon Acquisition of US Steel
1+ day ago —...Steel at a 40 percent premium to its stock price.... ...Japanese steelmaker Nippon agreed in December 2023 to acquire US... ...After all, the Chinese Communist Party (CCP) is a dictatorial regime... ...as President Biden did shortly after the Nippon-US Steel announcement...
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The Justice of an All-Volunteer Military
2+ day ago —...I listened to an intense young woman make the case for the United States... ...young black and Hispanic adults bear the brunt of the burden of America... ...Instead, I paid Ernesto, a handyman, to perform that physical task... ...Ernesto uses the money he earns by working as a handyman to purchase...
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The Colorblind Counterattack
2+ day ago —...Few good men, CS Lewis tells us, ever encounter this joy.... ...Douglass and Martin Luther King, Jr., find themselves labeled “white... ...Here, Hughes channels Thomas Sowell and launches a fusillade of data...
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Binder’s Response to Kupiec’s Review of ‘Shock Values’
3+ day ago —...I am grateful to Paul Kupiec for reviewing my book, Shock Values,... ...if somewhat idiosyncratic) history of the evolution of the Federal Reserve... ...While the Roosevelt Administration described the Office of Price... ...I also note that Herbert Hoover became known as the “food czar” for...
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Inflation We Can Feel But Don’t Measure
3+ day ago —...In the aftermath of the pandemic, the United States experienced the... ...signs that the inflation rate is on a trajectory towards the Federal Reserve... ...In large part, this is what a new paper by Marijn Bolhuis, Judd Cramer... ..., Karl Schulz, and Larry Summers sets out to do....
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Business Schools Undermine Wealth Creation
3+ day ago —...Corporate Social Responsibility (CSR) has been widely embraced within... ...The trendy appeal of Bono’s Buy (Red) Campaign and the One for One... ...And, TOMs shoes founder, Blake Mycoskie, had to reconfigure his flawed... ...positive agents for change -- and any concerns of creating more Gordon Gekkos...
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‘Shock Values’: An Idiosyncratic Economic History
4+ day ago —...1914 onward, lawful money included a new national currency, Federal Reserve... ...The US financial system has been shaped by hundreds of years of laws... ...According to Allan Meltzer, “[Fisher] worked hard to get his ideas... ...issued by the 12 separately incorporated regional banks of the Federal Reserve...
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Another Dismal Tax Day: Can It Drive Fiscal Reform?
4+ day ago —...the IRS.... ...The other day is Tax Freedom Day on April 16.... ...The economic impact was notable, with the Congressional Budget Office... ...The Tax Foundation’s analysis shows that these states enjoy higher...