The Federal Reserve has a legal dual mandate to minimize unemployment and price inflation. The current “dual”...
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Is praxeology inconsistent? Praxeologists criticize neoclassical economists for using false assumptions in their models. For example, neoclassicals...
UK entrepreneur and founder of the Cobden Centre Toby Baxendale joins Bob to discuss meeting Hayek, the...
Standard neoclassical definitions of money call it a means of exchange and a store of value. But is...
On Saturday, protests supporting Julian Assange will occur around the world. In London, Assange supporters will link...
For most economists the velocity of money circulation is an important factor in determining the prices of...
Foundation for Economic Education founder and cornerstone Leonard Read always had an ear out for widely accepted...
[This article is adapted from A Guide to Good Money: Beyond the Illusions of Asset Inflation by Brendan...
President Biden’s recent student loan forgiveness initiative only exacerbates the real problem: the cost of a college...
The Fed claims 2 percent inflation promotes “price stability.” However, that policy also causes the boom-and-bust cycle, which is...