With members of Congress claiming that the Russian invasion of Ukraine somehow threatens the US homeland, it is time to tell the truth about the military threats to this nation.
Will Japan ever change course on its negative interest rates? Only if voters begin to realize that the lack of inflation to date in Japan is simply good luck.
History is only a tiresome repetition of one story. Persons and classes have sought to win possession of the power of the state in order to live luxuriously out of the earnings of others.
Do the low inflation rates mean that the purchasing power of Japanese and Swiss citizens has increased relative to other countries over time? The answer seems to be no.
Antony Mueller explains that measuring the economy as a whole owes its popularity to the Cold War—that the origin of the GDP lies in the management of the war economies of the first half of the twentieth century.
For nearly a hundred years, economists have been groping for an explanation for the business cycle, writes Murray Rothbard, while overlooking the Austrian explanation.
