Elizabeth Warren has pronounced her verdict on higher food and gasoline prices: they are nothing less than the result of corporate greed. In fact, there is no inflation, only corporations arbitrarily raising prices.

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One of the darlings of the left's intellectual brotherhood gives us a look into the state of intellectual affairs therein. Piketty expounds "there is no universal law of economics: There is only a multiplicity of historical experiences and imperfect data.” Piketty is what Mises calls an "antieconomist."

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