When governments seize private firms in the name of nationalization, the moves are usually politically popular. However, it doesn’t take long for the nationalized firms to turn into a financial black hole.
Nicolaus Copernicus is best known for his observation that the sun was at the center of
There are numerous critics of the Austrian School of economics, but when their disparagements are closely
One of the oldest and most harmful economic fallacies is the belief that, at best, economic