Crowding Out: The Fed May Be Killing the Private Sector to Save the Government
Bank of England Economist: Britons Need to Accept That They’re Poorer
There’s No Place like Noam
Banks Are Lending Less Money, and That’s a Formula for Recession
The Fed Is Insolvent, and That’s a Bad Thing
A Rothbardian History of the United States
The Real Costs of Government Spending
Socialists Should Support Government Default: Their Forebears Certainly Did
Bernie Sanders, in a recent opinion piece, attacked Republicans for trying to get concessions out of the Biden administration under threat of debt default, stating, “Defaulting on our nation’s debt would be a disaster.” Writers at Jacobin echo Bernie’s sentiment.
The Republican Debt-Ceiling “Deal” Is Exactly What We Expected
After countless predictions of economic armaggeddon and panicky entreaties to raise the debt ceiling with no strings attached, the Biden White House and Congressional Republicans agreed on a new budget deal this week that does virtually nothing at all to change the status quo. The deal in no way returns federal spending to pre-covid levels.
