President Trump‘s recent assertions that the Fed should lower the discount rate puts him squarely in the middle of Fed ...
In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that ...
Remember that the ECB’s mandate is price stability, but inflation in the euro area has exceeded 22% in the past four years.
Part of bringing up young children is to tell them stories and accounts about people who did the right thing, and how they ...
"The critical point was, again the Middle Ages, and there you had an adversarial position between the church and the state ...
Despite Africa being the world‘s poorest continent, western elites are still pushing African governments to divest of ...
The New York Times recently ran a detailed report on US involvement in the Ukraine-Russia war and—surprise!—the Biden ...
American history classes typically teach that the original transcontinental railroad was a major triumph. What they don‘t say ...
The most enduring economic myth of the twentieth century is the idea that FDR‘s New Deal pulled America out of the Great ...
We spend very little time and effort learning about what the hundreds of government agencies are doing. Agencies like the Fed ...
Milton Friedman, who achieved most of his fame in the 1980s with the television series Free to Choose, first proposed ...
Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the ...