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July 30, 2020

Mises Institute

By Robert Blumen

MMT's Very Odd Definition of "Savings"

Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.

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By Tho Bishop

Shelton Derangement Syndrome: Which Republicans Will Side with Fed Groupthink?

Shelton’s nomination is best seen as a litmus test for Republican senators. Are they interested in ideological diversity within American institutions, or willing to stand with the academic gatekeepers that have given us the Leviathan we have today?

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By Chris Calton

American Police Forces Were Created to Fight Rioters. But Police Probably Made Things Worse.

Contrary to the popular narrative that government police establish law and order, there is good reason to believe that the advent of militarized police in the 1800s led to an escalation of riots and political corruption while offering little law or order.

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