MMT “Qualifies as the Financial Equivalent to Weapons of Mass Destruction”
MMT is presently one of the most dangerous economic ideas out there, and should consequently attract our utmost attention.
Power & Market
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“Free” College Won’t Improve Education
Colleges already are too dis-connected from market-based rewards for education that teaches real marketable skills. The plans for "free" college would make this even worse.
Thomas DiLorenzo Discusses Socialism and CEO Salaries on Fox Business
Thomas DiLorenzo Discusses Socialism and CEO Salaries on Fox Business
The Fallacy of Identity Economics
The economist Alex Tabarrok recently criticized "identity economics" in a manner reminiscent of Murray Rothbard's criticism of Keynes.
A Study in Willful Blindness
Anthony Flood has written a valuable study of the surprising failure of the Communist historian Herbert Aptheker to cite C.L.R. James's Black Jacobins, despite its clear relevance to his work.
Canada’s Export Guarantee Program: More Risk for the Taxpayer
Worried about the risks your business faces in an uncertain world? Well, don't worry: this government agency can just force the taxpayers to subsidize you until the risks melt away.
Bernie and Ocasio-Cortez Declare War on the Poor With Anti-Credit-Card Law
By slapping new regulations on high-interest credit cards, Bernie and Ocasio-Cortez will just prevent high-risk borrowers from getting loans.
As Fed Founders, Get Ready for More Radical Monetary Policy
The Fed has basically given up on "normalization" which means central bankers and their friends are working on even more radical policy options for the next crisis.
Hayekian Insights from The Road to Serfdom
Friedrich Hayek’s The Road to Serfdom reached its 75th anniversary this year, and there is no shortage of qutable insights we can glean from its pages.
