Myth #4: Every Time the Fed Tightens the Money Supply, Interest Rates Rise (Or Fall)
There are several causal factors operating on interest rates and in different directions.
There are several causal factors operating on interest rates and in different directions.
Even though Barbados and Jamaica had more similarities than differences when they became independent of Great Britain, Barbados developed its economy much more quickly.
Patrick Newman joins Bob to discuss a recent tweet from Stephanie Kelton, which argued that the government's "red ink makes our black ink possible."
Ryan and Tho take a look at the legacy of Daniel Ellsberg's heroic leak of the Pentagon Papers and the evils of government secrecy.
As geopolitical tensions rise, the Chinese political leadership tells the US government to desist pushing its "color revolutions."
Ryan and Robert Aro take a look at the Fed's unconvincing explanation of why it has chickened out on interest rate hikes
On this episode of Good Money with Tho Bishop, David Gornoski joins to discuss how government policies have impacted American diets
In the preindustrial world, aggression and physical domination were often labeled as "masculine" virtues. The rise of the cooperative market economy changed all that.
The usual suspects are "relieved" that Congress gave President Biden what he wanted on the so-called budget deal.
While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation.
Curing deficits by raising taxes is equivalent to curing someone's bronchitis by shooting him.
Political leaders of the so-called liberal Western regimes are engaging in authoritarian tactics to quell legitimate dissent. But leftists who riot and burn get a free pass.
Just in case you wrongly thought sanctions had anything to do with national security: Biden wants to sanction the people of a small African country over anti-LGBT laws.
Much of critical race theory and “antiracism” is aimed at pulling people apart, not bringing them together. To oppose such theories and practices is not racist in itself.
People commonly believe that a society without central political authority will dissolve into chaos. But a small kingdom within Spain existed peacefully for seven hundred years under what we would call anarchy.
University of Rochester economist Steve Landsburg joins Bob to discuss the abysmal performance of ChatGPT on his undergraduate exam.
Leonard Read asked how we preserve liberty in a culture that doesn't appreciate it. Liberty cannot come through force and organization. It comes from within oneself.
All too often, when we see a new technology we don't understand, our natural inclination is to condemn it. Artificial intelligence is no exception.