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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.
The geographical isolation of a reservation, and the tribal commitment to investment in a casino, energy extraction, and other enterprises can have a sizable impact on the incomes of reservation residents.
Money and Banks
MMT “is a mix of old and new, the old is correct and well understood, while the new is substantially wrong.”
The FedBusiness Cycles
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.