Monetary Theory

Displaying 11 - 20 of 919

Why Government Solutions Usually End in Inflation

Big GovernmentBooms and BustsMonetary Theory

Blog01/03/2017

All governments are firmly committed to the policy of low interest rates, credit expansion, and inflation.

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Why Are Dollar Bills Worth Anything?

Monetary TheoryMoney and Banking

Blog12/21/2016

Today's paper money does not have value due to some government decree. It's value as money is based on a past connection to commodity money.

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Ten Fundamental Laws of Economics

Austrian Economics OverviewMonetary Theory

Blog12/20/2016

If we had to sum up economics in ten fundamental laws, here are ten we would choose.

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The Week in Review: December 3, 2016

The Police StateWorld HistoryInterventionismMonetary TheoryPolitical Theory

Blog12/02/2016

American's should worry less about companies leaving for oversees, and more about how government is eroding their freedoms.

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Bring Back the "Gold-Clause Contracts"

Legal SystemMoney and BanksGold StandardMonetary Theory

Blog10/31/2016

The courts have long sided with the Feds in refusing to enforce gold clauses in private contracts. State governments can undo some of this damage.

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Did Tariffs Make America Great?

Money and BanksU.S. HistoryMonetary Theory

Blog10/06/2016

Economists Stephen Cohen and Bradford DeLong are spouting an unfortunate amount of enthusiasm for Alexander Hamilton's corporatist economics.

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No, the Fed Doesn't Have a Plan. Yes, the Fed Really is Monetizing Government Debt

The FedU.S. EconomyMonetary TheoryMoney and Banking

Blog09/20/2016

A Wall Street crisis would become a Main Street crisis without quantitative easing, or so the story began in Nov. 2008. Have you seen a recovery?

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Consumer Optimism Is Not the Key to Economic Growth

Booms and BustsMoney and BanksMonetary Theory

Blog08/11/2016

The key to economic growth is not optimism or good "animal spirits." They key is increased productivity and wealth accumulation.

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Why We Need Profits

Taxes and SpendingCalculation and KnowledgeMonetary TheoryValue and Exchange

Monetary profit is not the only kind of profit, but in a complex world, monetary profit is essential in building sustainable economies.

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Why a "Dollar" Should Only Be a Name for a Unit of Gold

Business CyclesMonetary Theory

Blog07/25/2016

No one prints dollars on the purely free market because there are, in fact, no dollars; there are only commodities, such as wheat, cars, and gold.

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