Politics
No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing,...
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Politics
Antitrust law is being touted as an answer to our inflationary economy. Unfortunately, as Austrians have noted, antitrust law does nothing to bolster competition...
Politics
Rose Wilder Lane, known for her many writings, also has been a favorite of libertarians. In this week‘s Friday Philosophy, David Gordon reviews a...
Politics
Politicians respond to pressure. If we want them to actually carry out the cuts they claim to stand for, it’s up to us to...
Politics
Perhaps John Maynard Keynes’ best con job was convincing people that a growing economy needs inflation, lots of inflation. As David Gordon points out,...
Politics
No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing,...
Politics
President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US dollar. While Trump may come off...
Politics
Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that only the wealthiest citizens will pay...
Politics
Social critics often tell us that capitalism is contrary to the true meaning of Christmas. In truth, markets and entrepreneurs work to make Christmas...
Politics
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
Politics
As we see from Jamaica‘s experience, attempts by the government to be entrepreneurial misallocate resources, waste money, and achieve poor results.
