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American Institute for Economic Research
11.01.2025
The economist's disdain for dogma and appetite for nuance led him to warn "scholars possess an illusion of knowledge worse than ignorance."
Political avarice, sanctioned robbery, coercive control: such is the nature of government, and always has been. We already know the cure.
The Fed's balance sheet, and its influence, remain enormous. A lighter touch at the top would allow more flexibility in the economy.
Productivity means learning to do more work with less labor. The only way to gain jobs is to lose jobs.