Does a Growing Economy Require Increases in the Money Supply?
It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is
It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is
While the NBER collects economic data ostensibly to aid policymakers, the data it acquires is useless without proper economic theory to correctly
Owners are not only prohibited from producing the wine of their choice but also from deciding the volume they produce, the price
Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors
What began as a banner day for stocks turned into a major rout, as investors signaled ongoing skepticism about the longevity of
Remembering Justin Raimondo, who used his antiwar website to rally concerned people against the unjust and destructive wars brought on by the
Dr. Robert Murphy explains why America’s chronic trade deficits trace to Nixon’s 1971 gold exit—not China—and how a popular reading of Triffin’s
Dr. Wanjiru Njoya explains how “phony civil rights” expand state power at the expense of self-ownership and property, and offers a conservative-libertarian
Dr. Jeffrey Herbener explains why “Crusoe economics” isn’t a caricature but the indispensable starting point for economics and liberty—built from action, property,
Bob revisits capital and interest theory to show why the textbook result “interest = MPK” only holds in a one-good world, and