What is required is to seal off all the channels that undermine the generation of real savings. This means that what is required is to close all the loopholes that enable monetary pumping and to cut the government outlays to the bone.
Higher education in America today is in a crisis. The diversity thought police pounce on anyone who offers the slightest resistance to them.
Citing Luther Martin, Rothbard writes, "the American Constitution was a grave betrayal of the idea of natural rights set forth in the Declaration of Independence."
During June 2020, year-over-year (YOY) growth in the money supply was at 34.47 percent. That's up from May's rate of 29.5 percent, and up from June 2019's rate of 2.04 percent.
According to Keynesians, wealth effects result from money creation, and they have a beneficial impact. The Keynesians are right that wealth effects exist. But they're wrong about who benefits.
Is the fact that other intelligent and well-informed people are antimarket reason for us to be less confident in our promarket convictions?
The economic nationalist faces a dilemma. Foreign aid handouts and economic protectionism are not only wholly compatible in theory, but the effects of foreign aid perfectly complement economic nationalists’ goals.
When it came to debating the morality and prudence of COVID lockdowns, their proponents had an ever-growing death toll statistic on their side. Those who feared the dark side of coerced lockdowns lacked the advantage of a dedicated government stat.
GDP is not a useful measure of the material prosperity of a nation, and the way GDP is measured tends to hide the benefits of free trade.
Every economic system is a mixture of market action and state control. The Marxist strategy is to blame every ill caused by state intervention on capitalism.
