Other Schools of Thought

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.

This comprehensive list of the Fed's functions gives the lie to the notion that there has been "too little regulation" of financial markets. Anyone who makes such an argument is either ignorant of the truth or is lying.

"The film brilliantly portrays how the Right prepares the way for the Left — in both the United States and Russia."

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.

"The 'paradox of thrift' is actually an essential liquidation process that characterizes economic corrections."

"The only way to oppose a bad idea is to replace it with a good idea," Kemp said.

"This plan would also set a dangerous precedent for American industry in general."

"Costs of production do not determine prices of goods. Prices of goods determine costs of production."

"Just like Obama's and FDR's 'deals,' John Law's prescription for what ailed France required no sacrifice."

If the current level of output and employment is made to depend on inflation, a slowing down in the pace of inflation will produce recessionary sym