The Hiroshima Myth
"Unfortunately, I have lived long enough to know that history is often not what actually happened but what is recorded as such."
Other Schools of Thought
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Intellectuals and Socialism
In every country that has moved toward socialism, the phase of the development in which socialism becomes a determining influence on politics has been preceded by a period during which socialist ideals governed the thinking of the more active intellectuals.
MMT’s Very Odd Definition of “Savings”
Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.
The First Socialists: The Saint-Simonians and the Utopians
While collectivism was implied in Sismondi’s idea of a “general interest,” Owen and Fourier offered the first formal expression of full socialist collectivization.
Austrian Economics versus Keynesian Macroeconomics and Modern Monetary Theory
Presented at Mises University 2020.
The First Socialists: The Saint-Simonians and the Utopians
While collectivism was implied in Sismondi’s idea of a “general interest,” Owen and Fourier offered the first formal expression of full socialist collectivization.
Keynes vs. Say
Keynes's "greatest achievement," according to his admirers, was his famous "refutation" of Say's law. Yet Say's law actually remains more relevant than ever.
