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Can Data By Itself Inform Us About The Real World? – Analysis
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Free-Market Profit Comes From Voluntary Exchange, Not Exploitation – OpEd
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Tariffs Are Taxes on Americans—But Protectionists Pretend Otherwise
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Tariffs Are Taxes On Americans, But Protectionists Pretend Otherwise – Analysis
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Gross domestic product (GDP) is the most common measure of national wealth and economic growth. Yet the layman and even many businessmen and economists is taken aback when mainstream commentators and professionals get very excited about changes to GDP, which seem to have little to no impact on real economic conditions.