Jeff and Bob walk through the mechanics of how a full reserve bank could work in a truly free market based on the concepts and taxonomy of Mises’s Theory of Money and Credit.
Did the central bank break the law by effectively authorizing unsecured loans to banks based on the face value—rather than significantly lower market value...
With Yale economics professor Yusuke Narita suggesting mass suicide—seppuku—as the answer to Japan's rapidly aging demographics, Jeff and Bob take a hard look at the economics and humanity of greying America.
Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from covid.
The economics discipline has devolved into statistics, models, and hard science envy. Is the profession doing any good, or active harm? Per Bylund joins Jeff and Bob to discuss.
