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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.
These are the two major policies of financial repression currently in use: negative interest rates and quantitative easing.
Decentralization and SecessionGlobal EconomyLegal System
Let's set aside the politically tempting task of speculating about what might happen in the event of a No Deal Brexit, what can we say with certainty will happen?
Free MarketsLabor and WagesU.S. Economy
Last week Business Insider referenced a study to defend NYC's minimum wage law. Neither holds up well upon any sort of serious analysis.