Roots of Our Current Inflation: A Deeply Flawed Monetary System
It is the fiat monetary system itself, not deflation, that helps create the unstable conditions that lead to financial crises.
It is the fiat monetary system itself, not deflation, that helps create the unstable conditions that lead to financial crises.
The passing of Professor George Ayittey stills a powerful voice for free markets in Africa.
While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.
Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.
The typical mainstream economic view of interest rates ignores an important factor: individual time preferences.
With members of Congress claiming that the Russian invasion of Ukraine somehow threatens the US homeland, it is time to tell the truth about the military threats to this nation.
Will Japan ever change course on its negative interest rates? Only if voters begin to realize that the lack of inflation to date in Japan is simply good luck.
In 1991, Ukrainians held an election and voted for secession. Today we’re supposed to cheer that. But to suggest something similar for a region of the United States? Well, we’re told that’s just plain wrong.
For all the talk of decolonialization, many Third World countries that became independent set up regulatory regimes that mirrored their former "mother" country.
Imposing economic sanctions upon Russia is tantamount to throwing gasoline on a raging fire. The sanctions will not end the Russian invasion of Ukraine and only will make things worse.