When a government spends beyond its means, the options for paying for the spree are unattractive. It can burden the populace with higher taxes, or it can wipe out a portion of creditors' wealth by...
Demographic changes and increased mobility of people and ideas are posing significant challenges for global commerce, with even emerging economies struggling to match capital with talent. But, in...
Though it was recently announced that productivity in the US rose 1.3% from the previous quarter, Alan Greenspan is worried about the collapse in productivity: “I think it’s the most serious...
"If we can prevent the Government from wasting the labor of the people under the pretense of caring for them, they will be happy,” Thomas Jefferson said....
Desautels Professor Reuven Brenner gave a lecture as part of the Centre for the Thought of John Paul II’s series on Moral Capitalism, in which he explored the concept of the pursuit of happiness,...
Although John Law's name is now associated with the 18th century South Sea Bubble, the problem he wanted to solve was the same that central banks are struggling with today: "How much money and...
Last night’s fight between Manny Pacquiao and Brandon Rios interested me from a boxing perspective but its real intrigue was what it suggests might be possible for another man – Floyd Mayweather,...
Demography is not destiny, but it sheds light on the events leading to these two referenda, the Quebec one taking place in 1995, and the Scottish one last week, and has also implications concerning...
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