EducationPhilosophy and Methodology
The economist’s lot is to study a field in which, almost more than any other, human folly displays itself.
Our own Jeff Deist offered up an ambitious progressive plan via Twitter.
A traditional argument for unbacked fiat money was based on the idea it was a less-costly to produce fiat money than gold or silver. This cost savings could then enrich society overall. But recent data suggests this isn't true.
Kamala Harris wants to buy votes, and she has decided that it is okay to hurt the economy in hopes of achieving her political ambitions.
Money and BanksWorld History
The Venezuelan central bank helped the regime destroy the middle class's wealth for many years.
Global EconomyMoney and Banks
It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile, relies on both saving and spending.