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Categories World News

Forget the Liquidity Trap—Loose Monetary Policies Cause Recessions

February 21, 2023

Advocates of Keynesian economics believe the Federal Reserve should pursue policies that will prevent the possible decline of the economy into a

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Categories World News

Lifting the Debt Ceiling Is Not a Social Policy

February 20, 2023

Every time the United States reaches its debt limit, we read that it is important to reach an agreement to lift it. The

Categories World News

Does Government Create a “Level Playing Field” or Does It Make the Field More Uneven?

February 20, 2023

Anticapitalist politicians claim intervention can "level the playing field," but when we look closely, we realize that government itself creates the imbalances. Original

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Categories World News

Bipartisan Comprehensive Excuses for Extortion and Evasion

February 20, 2023

After the recent midterm election, when it became apparent that Americans would have a divided new Congress, it wasn’t long before the

Categories World News

How Markets Are Better than Government Regulators at Fighting Corporate Corruption

February 20, 2023

Can private markets only be regulated by government? Hindenburg Research's successes against corporate corruption suggest otherwise. Original Article: "How Markets Are Better than Government Regulators

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Categories World News

Poor People in Developing Countries Find Alternatives to Commercial Banking

February 20, 2023

Banking is a complicated process for working-class people who fail to comply with anti–money laundering regulations. Know your customer (KYC) requirements mandate prospective clients

Categories World News

Subsidizing Higher Education Is Not Creating Widespread External Benefits

February 19, 2023

Contrary to the claim that taxpayer subsidies for higher education provide great social benefits, these subsidies actually are a wealth transfer from

Categories World News

The Fed’s Portfolio Is Nonexistent: The Fed Does Not Invest. It Destroys Investments

February 18, 2023

Economists and pundits mistakenly call the Federal Reserve System's security holdings a portfolio. It is anything but. Original Article: "The Fed’s Portfolio Is Nonexistent:

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Categories World News

Why Madison and Hamilton Were Wrong about Republics

February 18, 2023

The debate between the Federalists and the Anti-Federalists in the late eighteenth century was fundamentally a debate over whether or not Americans wanted

Categories World News

How Fast Should the Money Supply Grow?

February 18, 2023

As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in

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