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What Is the Good Entrepreneur to Do?

Blog04/04/2020

Some anticapitalists have tried to claim "good" entrepreneurs don't make profit the primary goal. Yet, without profit, an entrepreneur cannot serve the people who depend on him or her for goods and services.

Fragile Financial Market

The Pandemic Exposed the Frailty of the Financial System

Blog04/04/2020

Contrary to Fed assumptions, we are not presently facing a problem of liquidity vis-à-vis Great Recession; we are confronted, instead, with a serious shortage of quality collateral.

End the Shutdown

Blog03/31/2020

The lasting and far-reaching harms caused by this authoritarian precedent far outweigh those caused by the COVID-19 virus. The American people must decide for themselves how and when to reopen society and return to their daily lives.

Japan Has Avoided a COVID-19 Panic. But the Global Recession Will Hit Hard

Blog04/04/2020

Whatever happens with the virus, the real story, the real historical change, is probably economic. Abenomics—Japan's ultra-Keynesian experiment—seems to be dead.

Keynes and the Euthanasia of the Rentier

Blog04/04/2020

Over eighty years ago, Keynes condemned the rentier and welcomed his future disappearance. Following in his footsteps, politicians and central bankers today are ever closer to effectively bringing this about.

The Fed Offers "Bread," but No Circuses

Blog04/04/2020

The truth is that you and I need goods and services to live, not electronically printed dollars.

Human Action Part Four with Dr. Joe Salerno

04/03/2020Audio/Video

If you've wanted to read Human Action, this is your opportunity to hear it explained by great economists and scholars!

Japan’s Productivity Has Been Slashed By Government Meddling, Not Demographics

Blog04/03/2020

The popular narrative is that demographics are driving Japan's declining worker productivity. But the real culprit is government regulations and a lack of entrepreneurship.

Capital Accumulation: The Way to Increase Wages

Blog04/03/2020

Real higher wages can't be created with a government fiat. Worker productivity must first be increased through greater investment.

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