Money and BanksMoney and Banking
The key factor behind the rate-of-exchange determination is the relative purchasing power of various monies.
Calculation and KnowledgeOther Schools of Thought
Behavioral economics claims it has shown that people behave irrationally — often make mistakes, and have problems with self-control. But is this really irrational behavior?
To obtain more economic growth, what is needed is a supply of saved capital to put the advanced technological methods into effect.
Global EconomyWorld History
As they did with Trump, the media categorizes Brazil's Bolsonaro as a “hateful” candidate, but it never tries to take a serious look at how Brazilians have suffered under leftist regimes.
Other Schools of ThoughtValue and Exchange
Unlike a moralistic schoolmarm or a government, markets do not punish or tax anyone. They merely reflect the choices we make and the values we hold.
The Phillips curve cannot be a basis for a sound theory of what sets in motion price inflation.
All the sophisticated quantitative methods by themselves can't help us understand the cause-and-effect of what's behind the boom-and-bust cycle.
No one is discussing Kavanaugh's awful record on the Bill of Rights. Meanwhile, the media is sending a terrible message to women.