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As the wage growth trend continues to defy the Federal Reserve’s preferred Phillips Curve model, it’s worth looking at one of the reasons why. Older workers accept lower pay and their share of labor force is rising.
Free-Range Parenting Makes for Responsible Kids. We Shouldn't Penalize It
In the age of helicopter parenting, free-range parenting is under attack.
Expert Says Chinese Are ‘Leaving the Trump Administration No Choice’
'The Coming Collapse of China' author argues on 'The Ingraham Angle' that trade war concerns are overblown, so president must stay firm
Don’t Be Fooled by Its Spin: Facebook Plans to Remain a Data Company
Mark Zuckerberg's apologies notwithstanding, his social media creation is first and foremost a tool for gathering information about everybody
The task of the libertarian intellectual is not limited to political and economic theory, as this neglected essay by Murray Rothbard argues. It extends also to understanding history, not from the point of view of the state and the ruling class, or from a priori theorizing, but from looking at the raw facts of the case. Doing so yields results different from prevailing opinion, and has hence been called revisionism by both its detractors and supporters.
It is a common fallacy, particularly (but not exclusively) among the conservative right, that if a person is successful in business, he or she must have the requisite knowledge to make wise decisions regarding economic policy. This, unfortunately, is dangerously naive. Just because you're good at business doesn't mean you'll be good at politics. There are two very different skill sets involved.