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Money and BanksU.S. HistoryMoney and Banking
With printing of the Continental notes in 1775, Webster feared people would think you could finance the Revolutionary War by printing paper money. We should have listened!
Trump has certainly changed his tune on low interest rates since he was elected.
The challenge from now on for OPEC and for oil producers is not to seek artificial price inflation, but to improve efficiency.
History is an easy subject to teach if you are intellectually lazy. It is the most challenging subject if you care about understanding causes and effects.
Wealth stems not from spending, but from production. Declines in production are be remedied by frugality, intelligence, activity, and freedom.
Money and BanksCapital and Interest TheoryMoney and Banking
Without saving and investment, there can be no material progress — which is necessary for cultural progress and flourishing.
Legal SystemTaxes and SpendingPolitical Theory