JOIN OR RENEW TODAY
Does Trump not realize that if people do not get back to work, there will be no recovery at all?
Monetary PolicyTaxes and Spending
If there is a new dawn, it is for the Sinicization of Europe—China-style stimulus administered alongside a severely ailing financial system kept whole by widespread financial and monetary repression.
Monetary PolicyInterventionismOther Schools of Thought
Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.
The FedFinancial MarketsMonetary Policy
According to Keynesians, wealth effects result from money creation, and they have a beneficial impact. The Keynesians are right that wealth effects exist. But they're wrong about who benefits.
War and Foreign PolicyWorld History
President Bill Clinton’s favorite "freedom fighter" in Kosovo just got indicted for mass murder, torture, kidnapping, and other crimes against humanity.
From rent to jobs, to marriage, government regulations are incessantly raising the cost of doing business.
Economic FreedomHealthPrice Controls
Our government is forever whining about, threatening against, high drug prices. Our pharmaceutical industry is “fighting” the Chinese in this economic “war” with both its hands tied behind its back.
CapitalismMedia and CultureU.S. History
Henry David Thoreau left behind many great admonitions. Alas, philosophical gems are not legal tender when rent is due.