No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation
President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US dollar. While Trump may
Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens
Social critics often tell us that capitalism is contrary to the true meaning of Christmas. In truth, markets and entrepreneurs work to
Commercial real estate in the US faces major problems despite efforts by the Federal Reserve System to prop it up. Bonds used
By misusing statistics, the government claims that racial disparities are always caused by racial discrimination and that these disparities can only be
Can an increase in the supply of gold cause a boom-bust cycle? Mises believed it was theoretically possible but highly unlikely. Rothbard,
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
We have reached this point: the government keepers of money do not even understand what money is or why inflation is harmful.