Today’s Inflation Surge Should Discredit Modern Monetary Theory Forever
Modern monetary theory assured us that printing money wouldn't create an inflation problem. Oddly enough, we don't seem to hear much from the MMTers anymore.
Modern monetary theory assured us that printing money wouldn't create an inflation problem. Oddly enough, we don't seem to hear much from the MMTers anymore.
As "decarbonize agriculture" becomes the watchword, powerful multinational agriculture firms have embraced the 2030 UN agenda. Their actions will result in widespread hunger.
As fear that robots and artificial intelligence will take over whole lines of work, it is time to examine the real relationship between capital and the rest of us.
While personal autonomy is a major topic of conversation, for Rothbard the most important thing is liberty, and liberty and automony are not always the same.
Progressives are quick to blame escalating healthcare costs on free markets, yet it's government rules and policies that are responsible.
Mainstream economists claim that data alone can explain economic actions. Austrians know that without theory, data explains nothing.
The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed.
The Soviet regime relentlessly expanded the money supply. To prevent inflation, the regime then created shortages through price controls and economic stagnation.
Among Mises's contributions was his doctrine of consumer sovereignty in a free market.
The US Supreme Court has heard arguments for and against affirmative action in higher education admissions. Government needs to get out of the racial discrimination business altogether.