Does Government Spending Bring Prosperity?
If the government reduces both taxes and spending, it will leave more money in private hands.
Capital and Interest Theory
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Inflation: What You See and What You Don’t See
People are being told by governments, central bankers, and leading mainstream economists that money-base expansion is not inflationary — because th
“The Yield from Money Held” Reconsidered
In holding money, its owner gains in the satisfaction of being able to meet instantly, as they unpredictably arise, the widest range of future contingencies.
End of the Era of Keynes?
Doctrinally, "Keynesianism" would have to be regarded merely as a recent, one-way swing of the pendulum such as the world has often experienced before this time in the direction of distinct overvaluation of the possibilities and effects of monetary manipulations and alterations.
Savings Is Not Just a Good Thing
"The 'paradox of thrift' is actually an essential liquidation process that characterizes economic corrections."
The Nuttiness of Negative Interest Rates
"It is no coincidence that Mankiw's worldview leads him to literally propose destroying the currency in order to fix the economy."
The Upside-down World of John Maynard Keynes
John Maynard Keynes often employed flowery language like “animal spirits” and “liquidity trap” to describe things he did no
