Money: What Is It? The More Important Question: Why Is It?
Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.
Most people—and especially most economists—not only are ignorant of what money actually is, but how and why it became part of our economy in the first place.
As the Institute’s first graduate cohort nears graduation, the Institute looks forward to welcoming its fall 2022 cohort.
Since the Obama administration nationalized the student loan program, we have seen student debt metastasize. Unfortunately, the Biden administration looks to make things even worse.
Green energy advocates want us to believe we easily can transition from conventional fuels to renewables. In truth, such a transition not only would devastate world economies, but also is not technologically possible.
How was the Keynesian Revolution accomplished? The old fallacies were dressed up by Keynes in such a wilderness of pretentious jargon, that the Keynesian disciples claimed to be the only ones able to understand the Master.
Starring Alexander Skarsgård, the recently released film “The Northman” portrays Viking life in stunning and vivid detail.
Fed chairman Jerome Powell recently claimed they were "targeting" the "neutral" interest rate. The Fed cannot set or even know that rate, for it doesn't come from government authorities.
Propping up congressional deficit spending, juicing equity markets, and constantly recapitalizing commercial banks are the Fed’s true mandates.
Typical economic commentary claims that deflation is a Very Bad Thing. Think again.