Sound Economics in a Confused World
If you’re in trouble, you stop spending on frivolous stuff and you save. It applies on a personal level; it applies on a national level. But the fiat world just flips all of this on its head.
If you’re in trouble, you stop spending on frivolous stuff and you save. It applies on a personal level; it applies on a national level. But the fiat world just flips all of this on its head.
Peter Earle reviews Boettke, Salter, and Smith's argument that the rule of law should be brought to bear on the Federal Reserve, to rein in its distortions and disruptions.
Greg Kaza reviews Brian Domitrovic's book on Arthur Laffer--his communication of economic ideas and his interactions with U.S. policymakers prior to meeting Ronald Reagan.
Bob provides a running refutation of Stephanie Kelton's recent TED talk on Modern Monetary Theory (MMT).
Using a recent Paul Krugman column as the jumping off point, the Mises Institute Academic Vice President Joe Salerno explains and defends Austrian business cycle theory.
Nikolay Gertchev reviews Arkadiusz Sieron's effort to investigate the failure of expansionary monetary policy to address the challenges of the 2008–09 Great Recession.
Paul Krugman’s “logical problem” with ABCT derives entirely from his superficial understanding of the theory.
Paul Krugman’s “logical problem” with ABCT derives entirely from his superficial understanding of the theory.