JOIN OR RENEW TODAY
The FedFinancial MarketsMonetary Policy
The Fed's balance sheet has risen to $4.1 trillion from $3.7 trillion in August. Nomi Prins discusses what this policy shift means and what it portends for 2020.
War and Foreign Policy
The Iraqi parliament response to the recent US airstrike — expelling all US troops from Iraq — suggests that an escalation of the ongoing US-Iran conflict would not be as simple as pro-war factions of the US regime would like it to be.
Big GovernmentU.S. History
"Truth has a power that cannot be touched by physical force. It is impossible to shoot a truth."
Philosophy and Methodology
The economist’s task is not to demonstrate (empirically) that x is associated with y, but to provide a causal explanation of how x affects y.
Money and Banks
MMT “is a mix of old and new, the old is correct and well understood, while the new is substantially wrong.”
Big GovernmentThe EntrepreneurFree Markets
Anti-capitalist promoters of "climate justice" ignore all of the evidence of capitalism’s benefits staring us in the face.
Financial MarketsU.S. EconomyBusiness CyclesMoney and Banking
The destruction of capital, economic and otherwise, is contrary to every human impulse.
The big differences between the economies of Ireland and Portugal illustrate how the eurozone's design just doesn't fit with modern economic realities.