Politics
This is a rendition of Leonard Read‘s famous, “I, Pencil,” but with a new twist: tariffs now restrict the importation of producers‘ goods needed...
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Politics
People claim to support “equal opportunity” over the idea of equal outcomes, but when one examines both concepts, it becomes obvious that neither is...
Politics
Trump has tried to claim that he favors “Main Street over Wall Street.” Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself...
Politics
As Trump challenges Powell and the Fed’s authority, Dr. Joe Salerno joins Bob to dive into whether “central bank independence” really protects the economy—or...
Politics
No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing,...
Politics
Perhaps John Maynard Keynes’ best con job was convincing people that a growing economy needs inflation, lots of inflation. As David Gordon points out,...
Politics
President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US dollar. While Trump may come off...
Politics
Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal...
Politics
As we see from Jamaica‘s experience, attempts by the government to be entrepreneurial misallocate resources, waste money, and achieve poor results.
Politics
Thanks to unrelenting propaganda from the establishment media, a large number of Americans are suffering from what is diagnosed as “climate anxiety.”
Politics
We have reached this point: the government keepers of money do not even understand what money is or why inflation is harmful. To them,...
Politics
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
