Money and BanksMoney and Banking
As the foundation of the economy weakens, bank lending weakens also. And then money begins to disappear from the banking system.
Since each person votes for different reasons, we can't morally say that the outcome of an election binds people to any specific law or policy.
The more aggressive the central bank’s loose monetary stance is the more drainage of real wealth takes place and the less real wealth is left at the disposal of true wealth generators.
Taxes and SpendingMoney and Banking
Government spending distorts and harms the wealth creation process. And cutting taxes without cutting spending won't lead to real economic growth.
Booms and BustsMoney and BanksMoney and Banking
The public debate of inequality is a muddle of bad assumptions and a disregard for how global poverty has plummeted — thanks to markets — in recent decades.
Philosophy and Methodology
Gazing at the data cannot assist an analyst in establishing causes in the world of economics.