The Deadliest Virus
byThe deadliest virus is the institutionalized coercion which lies in the very DNA of the state and may even initially permit a government to…
Convenience vs. Truth in Economics
byBy Nathan A. Kreider The great struggle in economic science has been the formulation of theories that accurately describe the real world. Though this…
Fed Accountability Is a Farce
byBy Robert Aro The Fed claims they are “accountable to the public and the U.S. Congress.” But what good is accountability, if the public…
Why the New Economics Just Boils Down to Printing More Money
by[Editor’s Note: this article is adapted from a 2003 essay in the Quarterly Journal of Austrian Economics entitled “New Keynesian Monetary Views: A Comment.” As economists…
Tragedies of Our Time: Pandemic, Planning, and Racial Politics
byAn old adage says that tragedies often come in threes. Certainly, the first half of 2020 has seen a version of this. First, the…
Savings the heart of economic activity
byIt is held by most mainstream economists that spending is the heart of economic activity. Economic activity is depicted as a circular flow…
Not Just Retail: Hedge Funds Flood Into Stocks; Net Leverage Highest In Over Two Years
byFrom Tyler Durden at Zero Hedge On Friday we officially entered the blow-off top phase of the current meltup: between a record surge in Nasdaq volume……
Governments Have Crippled the World’s Economies. Revolution May Soon Follow.
byThe world seems to be on fire. A couple of months ago, the economic upswing was still firmly established, production expanded, and unemployment was…
A Brave New World for Value Investing
byStock markets have rebounded from their March lows on fiscal and monetary stimulus Corporate bond spreads have narrowed in their wake The prospect…
Mario Draghi’s Economic War Against COVID-19
byby Elisabeth Krecké On March 25, 2020, with the world economy paralyzed, Mario Draghi emerged into the spotlight for the first time since stepping…