February 5, 2022
When Higher Prices Are Not Inflation
By Doug French
Monetary inflation results in a general rise in prices, often called "price inflation." But rising prices are not always "inflation." In any case, more government regs and subsidies won't help.

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The Problem with Guilds: They're Monopolistic and Wasteful
By Lipton Matthews
The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well.

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