
Inflation and Marxism
“Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch its currency….Lenin was certainly right. There…
Read More“Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch its currency….Lenin was certainly right. There…
Read MoreThis article originally appeared in luckbox magazine, July 2020. In January, the Congressional Budget Office (CBO) released its Budget and Economic outlook for 2020…
Read MoreThe United States is showing resiliency and strength compared with other leading economies worldwide. The impact of the covid-19 forced shutdown crisis is lower in the United States…
Read MoreBy Benn Steil and Benjamin Della Rocca Acknowledging the enormous threat to jobs and incomes posed by the coronavirus epidemic, the Federal Reserve on…
Read Morehe economist John Maynard Keynes (1883-1946) famously said, “in the long run we are all dead.” He wasn’t saying we should ignore the long…
Read MoreFor most economists and financial commentators the heart of economic growth is the increase in the demand for goods and services. It is…
Read MorePaul Krugman’s arguments do not fare well against evidence in a new book written by economists Alberto Alesina, Carlo Favero, and Francesco Giavazzi titled,…
Read MoreThe father of modern macroeconomics was Keynes. Before Keynes there were macro considerations, which were firmly grounded in human action, the personal preferences and…
Read MoreFor most economists and financial commentators the heart of economic growth is the increase in the demand for goods and services. The view is…
Read MoreBy G. P. Manish and Felicia Cowley Keynesian economics has witnessed a remarkable resurgence since the crisis of 2008. The inability of mainstream economics to predict or…
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