There’s always a point at which ideology and reality meet, and if we’re seeking a rational solution to Nevada’s economic problems then reality must inevitably trump ideological concerns.  Nevada governor Sandoval is at this crossroads, and has chosen to direct his administration t...

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Radley Balko: SWAT Raids, Stun Guns, And Pepper Spray: Why The Government Is Ramping Up The Use Of Force : In February of last year,  video surfaced  of a marijuana raid in Columbia, Mo. During the raid on Jonathan Whitworth and his family, police took down the door with a battering ram, then s...

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@Benjamin: The implicit assumption you make is that central banks actually have a significantly better track record at avoiding recessions than the pre-central bank era. There is an increasing amount of work challenging this claim, the best of which I have come across is White, Selgin, and Lastrapes...

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I always enjoy reading whatever George Selgin has to say about monetary theory and monetary policy and I mostly find myself in agreement with him. George always is very positive towards the views of Milton Friedman, which is something I true enjoy as longtime Friedmanite. I particular like George&...

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Economic Commentary What a Great Opportunity Now, here we are sounding all giddy in the face of massive global uncertainty. We are firmly in the belief that in every challenge there are opportunities. It follows that during this era we have had major challenges and therefore we have major op...

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