The Austrians versus the Mainstream Potter and His Wheel
If new capital is the direct product of government spending or the indirect result of its fiscal policy, we are all worse off.
Capital and Interest Theory
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Rich Uncle Pays Your Mortgage
This is old-fashioned redistribution, to sustain the unsustainable.
Demand for Money and Supply of Money
Money is the thing which serves as the generally accepted and commonly used medium of exchange.
What Keynes Said, and Meant
Keynes has bamboozled us and it is very difficult to de-bamboozle ourselves.
Does a Liquidity Trap Pose a Threat?
Contrary to popular thinking, the threat posed to the major economies is not the liquidity trap, but the government and central bank stimulus policies aimed at countering it.
Does Government Spending Bring Prosperity?
If the government reduces both taxes and spending, it will leave more money in private hands.
