Standard neoclassical definitions of money call it a means of exchange and a store of value. But is...
World News
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...
President Biden’s recent student loan forgiveness initiative only exacerbates the real problem: the cost of a college...
[This article is adapted from A Guide to Good Money: Beyond the Illusions of Asset Inflation by Brendan...
The Fed claims 2 percent inflation promotes “price stability.” However, that policy also causes the boom-and-bust cycle, which is...
Imagine a hypothetical libertarian paradise (“Paradise”) that seeks only to live in peace and harmony with the...
The money supply is on a long and fast downward trajectory. This points toward recession and is just...
[Chapter 3 of Per Bylund’s new book How to Think about the Economy: A Primer.] Economics is often faulted...
