Economics

By now, we’re sure you’ve heard some type of amazing, almost too good to be a true story about marijuana transforming someone’s life. The...

"One issue that both the Misesian and Proudhonian varieties can use to promote freedom is the deregulation of the banking industry."

"In a series of consecutive crunch votes in Parliament, the House of Commons have voted to request the European Union extend Article 50, thereby delaying Brexit until June."

Interest Rates What are interest rates? Lenders sell money in the form of loans. When they do this, there is a charge for this money,...

Capitalism as we know it is pretty simple, free-market economics operating in a democratic society with some regulations. This is essentially western capitalism. Capitalism...

"...This expression fundamentally disturbs my understanding of economics and in exploring the term and its implications and after due consideration I wonder if we can either correct the language being used or restrict the referencing of MMT to fiat forms of money..."

The economic issue with Venezuela comes from a recession gap. If you’re not familiar with the term, it’s caused when there’s a gap between...

“The freer the market, the freer the people” still rings true, but it should be fought for on the merits of what it is rather than what amounts to little more than hypothetical cures.

"Just because Warren Mosler says that the United States doesn’t have to worry about being insolvent, doesn’t mean I’m buying it. The United States has a *really* big military, and it’s for that reason fear and intimidation acts as a blanket of confidence, propping up the value of the United States dollar."

"Yes, the stock market is going up now... just like it did right before the 2007 market crash. And by March 2009 it had lost 54% of that value. History is repeating itself."