Fiscal Theory

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Thomas J. DiLorenzo

This article argues that while there are a few transparent similarities between politics and markets, the fundamental differences between them rend

Christopher P. Casey

Even mainstream empirical data shows that the Phillips Curve is wrong and that inflation does not cure unemployment.

Frank Hollenbeck

Keynesians use a very narrow definition of inflation, but if we have a better and broader understanding of prices and money, we can see that asset-price inflation is all around us. The Fed is doing nothing to help the situation, and is only helping perpetuate a bubble.
 

Patrick Barron

What the media calls a “currency war,” whereby nations engage in competitive currency devaluations in order to increase exports, is really “currency suicide.”