July Money-Supply Growth Rate Climbs to Six-Month High
In July, year-over-year growth in the money supply was at 2.19 percent. That was up slightly from June's rate of 1.98 percent, but was well down from July 2018's rate of 4.07 percent.
In July, year-over-year growth in the money supply was at 2.19 percent. That was up slightly from June's rate of 1.98 percent, but was well down from July 2018's rate of 4.07 percent.
Brazil — and its longtime disregard for property rights — has shown us how not to manage forest lands. Current calls for government solutions to forest fires do nothing to offer real solutions.
New technologies, not the state, will be the key to making it ever easier to meet basic needs and diminish the perceived need for more government services.
Price-control schemes have been failing for thousands of years. Now it looks like politicians in Washington are going to give price controls yet another try.
The General Theory is not a book explaining economics to his followers at all, but a propaganda tool to lead them to his vision of a non-Marxist socialist nirvana.
When corporations can make more money by angling for government favors than they can by serving customers, that is exactly what they are going to do.
True economic value begins in the minds of individuals, and only individuals can predict, plan, and act in the marketplace.
The tactics used by central banks don't just create bubbles or drive up prices. They actively destroy value and act as a tax on real producers in the economy.
The resurgent claim that the modern economy was built on slavery is yet another attempt to attack capitalism while also claiming "we are all to blame" for slavery. The slave owners of old tried a very similar tactic.
The slowdown of the European economy is a disaster considering the enormous stimulus we are immersed in.