U.S. Economy
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The MMT-and-Bailey Fallacy
The latest rage in macroceonomics is modern monetary theory, whose adherents invariably resort to the motte-and-bailey fallacy. Advocating inflation is never a good idea.
Yet Another Month of Questionable Federal Jobs Data as 310,000 Fewer People Report Having Jobs
In 2023, self-employment has collapsed again with year-over-year self-employment growth dropping by 6.5 percent.
Myth #4: Every Time the Fed Tightens the Money Supply, Interest Rates Rise (Or Fall)
There are several causal factors operating on interest rates and in different directions.
My Long Journey to Rothbardian Sobriety
Our political and cultural elites have gaslighted us on inflation for years. To learn the truth, read the Austrians.
Is The Federal Reserve Already Done Raising Rates?
Ryan and Robert Aro take a look at the Fed's unconvincing explanation of why it has chickened out on interest rate hikes
After the Debt Ceiling Deal: Look for Liquidity Problems in the Markets
As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.
Myth #3: Tax Increases Are a Cure for Deficits
Curing deficits by raising taxes is equivalent to curing someone's bronchitis by shooting him.
The Fed Has Rigged the Stock Markets to Crash
The Fed's latest attempt to correct the inflation it caused is putting the market on a crash course.
Is the Banking Crisis Being Orchestrated?
With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident.
