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Big GovernmentEconomic PolicyMacroeconomicsMedia and Culture
In The Wizard of Oz, Dorothy and her friends had to worry about wild animals and wicked witches. Today, Americans face a much more formidable foe: their own free-spending government.
Resources are scarce even when money is not.
Central BanksThe FedMacroeconomicsMonetary Theory
Advocates of modern monetary theory promise a cornucopia of goods and jobs if only the government has the "courage" to print money at will. Sound economic analysis, however, exposes MMT as fraudulent.
Booms and BustsMacroeconomicsU.S. Economy
Economic PolicyFinancial MarketsMacroeconomicsU.S. Economy
Big GovernmentEconomic PolicyFinancial MarketsMacroeconomicsPoliticsTaxes and SpendingU.S. Economy
MacroeconomicsBusiness CyclesOther Schools of Thought