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Business The Circle Bastiat

  • Are central banks really necessary?

    Some analyst argue that a central banking system is only necessary when an economy operates with paper money. Others think that isn't always the case. 

  • Cooking as entrepreneurship

    Cooking, entrepreneurship theory, and Austrian economics have a lot more in common than many people might believe. In honor of the late, great Julia Child, the Circle Bastiat's contributors have written a piece combining the three.

April 28, 2017

Photos of the day 04/28

Sergei Bobkov paints Siberian cedar nut oil onto a life-size sculpture of Pallas's Cat, also known in Russia as Manul Cat, which he made from Siberian cedar wood shavings using more than 700 thousand pieces over four years, in the village of Kozhany, southwest of the Siberian city of Krasnoyarsk, Russia on Friday.

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