Did the MMT Camp Correctly Predict the Post-Covid Economy?
Did Stephanie Kelton correctly predict that government debt would be benign back in May of 2020? Bob and guest Jonathan Newman discuss.
Monetary Theory
Displaying 61 - 70 of 1176
Carl Menger’s Overlooked Vital Evolutionary Insights
Carl Menger is best known for his vital role in creating the marginal revolution of 1871. However, Menger’s insights ranged well beyond value theory, as he wrote excellent commentary on money and sociology.
Sebag and Natural Money
In a new book, The Natural Order of Money, Roy Sebag argues that money is the "extension of the natural order," and that it is not arbitrary.
A Case for Argentina’s Dollarization: Why and How to Implement It
The Friedrich A. Hayek Memorial Lecture. Sponsored by Donald and Judy Rembert.
Sebag and Natural Money
In a new book, The Natural Order of Money, Roy Sebag argues that money is the "extension of the natural order," and that it is not arbitrary.
The Fed’s Milkshake Brings All the Foreigners to the Yard
Brent Johnson of Santiago Capital joins Bob for a friendly disagreement over the dynamics of a decline in foreign demand to hold USD.
Murphy Gives Post-Game Analysis of ZeroHedge Dollar Debate
Bob highlights some of the key issues from his recent ZeroHedge debate, and explains why he thinks his side won.
The Myth of the Unchanging Value of Gold
Many economics textbooks claim that a function of money is to measure the value of goods. In fact, the value an individual attaches to a given sum of money or to any kind of good (including gold) is based on a subjective judgment and is without physical dimensions.
Four Charts That Show Cantillon Effects
Richard Cantillon, whom Austrians consider to be the real father of modern economics, noted that new money creation has uneven effects. Jonathan Newman demonstrates how those effects take place.
