How Janet Yellen will deploy her soft power at the Treasury

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Just over four years ago, when Janet Yellen was still chair of the US Federal Reserve, she gave an address at the central bank’s...

“Mirror, Mirror” (Star Trek classic, spoilers in this post) – Marginal REVOLUTION

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I haven’t seen most Star Trek episodes since I was a young teen, so I tried rewatching this one, you know, with the alternate...

Dominic Raab: Targeted foreign aid remains a UK priority

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The writer is the UK foreign secretaryDue to the seismic impact of the pandemic, the UK is facing the worst economic contraction in more...

Debunking Seven Common Criticisms of Austrian Economics | Per Bylund

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Let's clear up some misconceptions about Austrian economics. If people want to dismiss this school of thought, which many seem inclined to do for political...

US initial jobless claims rise for the second week in a row

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First-time applications for unemployment benefits rose to 778,000 last week, the latest worrying sign of waning momentum in the US labour market as it...

2021 Would Be a Great Time to Audit the Fed | Nick Hankoff

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Gone are the days of the Federal Reserve hiding in the shadows. Now it’s a woke central bank fighting for climate and racial justice....

Joe Biden’s chance to play ‘good cop, bad cop’ on US trade policy

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FT premium subscribers can click here to receive Trade Secrets by emailHi there from Washington, where President Donald Trump has finally ordered his administration...

Being Pro-union Means Being Antiworker | Gary Galles

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The problem with Biden’s Protecting the Right to Organize (PRO) Act is that it would help unions at the expense of the vast majority...

MIT graduate micro exam, 1961 – Marginal REVOLUTION

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From the archives of Irwin Collier (I won’t do any extra indentation): Economics Candidates: Answer any FOUR questions (thirty minutes each).S.I.M. Candidates: Answer any TWO...

Hoped-for boom in public investment risks paving road to nowhere

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On the northern Japanese island of Hokkaido, the motorway from Honbetsu to Ashoro is engineered to the highest standards: stretches of dual carriageway for...

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