How Trillions in Newly Printed Money Created a Labor Shortgage
If you’re tired of binge-watching Netflix, there are likely a few restaurants in your neighborhood who would love to hire you. A job might help relieve the boredom. On the other hand, why work when one can just be one of
The “Miracle Recovery” Narrative: We’ll Just Print Our Way to Prosperity
Over the last few weeks, we’ve been constantly bombarded by news reports and “expert” analyses celebrating an incredible global economic recovery. They’re not even presented as projections or expectations anymore, but as a fact, as though the return to vibrant growth
The American Right is the New Target of Washington’s “War on Terror”
Since January there has been a concerted effort by Democrat leaders, former deep state officials, and America’s most despicable neoconservatives to push the Biden administration to utilize the power of the federal government against the supporters of Donald Trump. Original Article:
THE GRAPH OF GOLD IN INDIA
Gold has always been a much-discussed topic in India and has now become a thing to talk about the falling-rise of the prices every time there are family gatherings. One of the oldest precious metals to be known to humankind,
The Dark Side of Yield Curve Control Policy
The Bank of Japan has been pursuing a monetary policy of “yield curve control” (YCC) since 2016, with which it keeps short and long-term interest rates for Japanese debt securities at around 0 percent. To do this, it buys massive
The Faith of Entrepreneurs
Ludwig von Mises didn’t like references to the "miracle" of the marketplace or the "magic" of production or other terms that suggest that economic systems depend on some force that is beyond human comprehension. In his view, we are better
No, Conservatives Should Not Embrace MMT
Reading Jonathan Culbreath’s “Modern Monetary Theory for Conservatives” one can’t help but think of Murray Rothbard’s quip that “it is not a crime to be ignorant of economics … but it is totally irresponsible to have a loud and vociferous opinion
The American Rescue Plan: Limits of the Highly Visible
“We believe that hindsight will show the champion of head-smacking craziness in the American stock market to be the period playing out right now.”~ Paul Singer, letter to Elliott Management shareholders, January 28, 2021 Who says finance has to be boring?