One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to prevent deflation, which they claim is as harmful as inflation. However, as Austrians point out, there is no ...
The child-like obsession with buying stuff that American society is often criticized for around Christmas is a sought-after result of our government’s monetary policy. ...
Thanks to the Fed’s balance sheet and the Fed’s policy on reverse repurchase agreements, it’s hard to tell whether the Fed is being hawkish or dovish. ...
Fifty years ago today, December 11, 1974, F.A. Hayek gave his Nobel Lecture in Sweden. The conflict between what the public expects science to achieve in satisfaction of popular hopes, and what is really in its power, is a serious ...
As the FOMC prepared to announce its rate decision on Wednesday, the Financial Select Sector SPDR Fund (XLF), which had been steadily climbing since the end of 2023, was approaching a new record high. Moreover, the Fed’s decision held little ...
In this week‘s Friday Philosophy, Dr. David Gordon looks as Allen Wood‘s attempts to salvage Marx‘s theory of exploitation. While Dr. Gordon acknowledges Allen‘s expertise in 19th-century philosophy, he notes that Allen truly misunderstands economics. ...
How does a globally acclaimed actress, producer and entrepreneur juggle all her responsibilities? Nicole Kidman spoke with Paycom, a leading provider of cloud-based human capital management software, in an exclusive webinar about how automated technology helps save time and resources, ...
California secession would not change the US into a laissez-faire paradise, but the positive change would be immense. ...
Roman Abramovich, the sanctioned Russian oligarch, is facing renewed scrutiny after a group of MPs urged HM Revenue & Customs (HMRC) to investigate allegations that he may owe up to £1 billion in unpaid taxes. The intervention follows reports by ...
From Saturday, the cost of wine and spirits will climb as the government raises alcohol duty in line with inflation and implements new rules linking tax levels to the strength (ABV) of each drink. While trade bodies warn that this ...