Federal Reserve Policies Aimed at Creating Price Stability Bring About Economic Instability
While Fed policies openly try to make prices "stable," the central bank actually is creating economic instability and an impoverished economy.
While Fed policies openly try to make prices "stable," the central bank actually is creating economic instability and an impoverished economy.
Why did Barbados postslavery develop a more robust economy than Jamaica even though the people had similar ethnic backgrounds?
While people speak of "freedom" for the people of Ukraine, Western political leaders have used the invasion as an excuse to crack down on free speech.
Popular economic wisdom says central banks can counter harmful effects of inflation by raising interest rates. Unfortunately, such moves carry their own forms of misallocation of resources and capital.
Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.
Enforceable and accepted private property rights can help bring some solutions to the acrimonious debate over transgenderism and transgender rights.
The Keynesian "stimulus" policies were suppose to reinvigorate the economy. Instead, they have brought stagflation.
In a recent speech, President Joe Biden blamed inflation on businesses raising prices and told them that they needed to lower their business costs -- but boost wages. You do the math.
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.
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.