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Central BanksInflationMonetary PolicyWorld History
Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking.
PhilosophySocialismWorld HistoryPhilosophy and Methodology
Philosopher Susan Neiman may be a leftist, but she recognizes the dangers of woke progressivism.
Bureaucracy and RegulationInflationMoney and Banks
The standard narrative around current bank failures is that they occur because of a lack of regulation. Credit Suisse was heavily-regulated; that was the problem.
Defense funding policies are increasingly influenced by weapons contractors who benefit mightily off the sweat and toil of the American taxpayer.
Bureaucracy and RegulationMonetary PolicyMoney and BanksProgressivismU.S. Economy
Elizabeth Warren blames lack of regulation for the latest banking crisis. But she believes that the easy money regime that is really causing the crisis is perfectly fine.
Philosophy and MethodologyPraxeology
Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity.
Money and Banks
We are all poorer, even if headline price inflation is slightly lower. Slowing CPI growth does not mean lower prices, just a slower pace of destruction of the purchasing power of money.
Monetary PolicyMoney and BanksMonetary TheoryMoney and Banking
Money proper is not artifice. It is a physical "thing" of value, acquired through labor and emerging out of the needs of individuals, who through voluntary exchanges determine its value.