Economy
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New Single-Family Home Sales Jump in August, but Headwinds Intensify
Sales of new single-family homes bounced higher in August, jumping 28.8 percent to 685,000 at a seasonally-adjusted annual rate from a 532,000...
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Real Nondefense Capital-Goods Orders Remain in a Flat Trend
New orders for durable goods fell 0.2 percent in August, following a 0.1 percent fall in July and a 2.3 percent jump...
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G.K. Chesterton on the Fundamentals of Liberalism
I’ve been painting the rooms of the house I purchased just last year. Admittedly, I am slow to finish the job. I...
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Luxury Beliefs Death Spiral
It used to be that the wealthy elite distinguished themselves through so-called Veblen goods. Ostentatious displays like a big house or fancy...
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Robespierre and Us
Reprinted from Law & Liberty Maximilien Robespierre is far from yesterday’s news. In important respects, his paradoxes reveal the paradoxes that remain...
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LOL!
Even though I almost never encounter an argument for – or justification of – government intervention into the economy that persuades me,...
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Revisiting the Pokéflation
Throughout the spring of 2021, the prices of Pokémon trading cards and boxed sets were soaring. Sales of the cards exploded to...
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Ludwig Erhard: Architect of a Miracle
Ludwig Erhard Haus, Berlin Reprinted from the Intercollegiate Studies Institute How rare and refreshing it is for the powerful to understand the...
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1Biden Impoverishing Americans To Cut Emissions Won’t Even Touch Climate Change
It was quite the spectacle. Pres. Joe Biden threw a White House lawn party September 13 to celebrate the “Inflation Reduction Act”...
