Spotlight on Keynesian Economics
"All of Keynesian thinking is a tissue of distortions, fallacies, and drastically unrealistic assumptions."
"All of Keynesian thinking is a tissue of distortions, fallacies, and drastically unrealistic assumptions."
Is it all bad news? There is still entrepreneurship. There is still innovation.
The fact that Social Security's generational highjacking is politically well established doesn't make it ethical. We send private Ponzi scheme organizers to prison for good reason.
High CPI inflation, popular explanations and their problems, and M1 vs. M2.
There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws.