Is the US Economy Close to Hitting Bottom?
Careful examination shows that, rather than protecting the economy, it is loose monetary policies that are the key source of boom-bust economic cycles.
Careful examination shows that, rather than protecting the economy, it is loose monetary policies that are the key source of boom-bust economic cycles.
The true point of this experiment is to encourage people to educate themselves about our current inflationist monetary policy.
It is savings — not demand — that enables the expansion of production of goods and services.
One effect of a minimum wage is to reduce the availability of on-the-job training, since more resources are required simply to hire and retain a workforce.
When confronted with the fact that Keynes' solutions would never work in the long run, he would dismissively say, "In the long run, we're all dead."
He took to laissez faire economics, not because of its utilitarian support, but because of his abhorrence of political intervention.
This is green tyranny at its worst: waste, distortion, and violating liberty in the name of "saving the planet."
Fed economists — like mainstream macroeconomics in general — are intellectually bankrupt and clueless at best or dishonest propagandists at worst.
Recorded in October 1992 at Belhaven College in Jackson, Mississippi. Includes a Question and Answer period.
The vast majority of American workers remain stubbornly nonunion despite the best efforts of labor unions, the federal government, its court intellectuals, and the mass media.