Economics

Modern Monetary Theory (MMT): Who Cares If You’re Right, When It’s All Wrong?

"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."
segregation

The Free Market: The Enemy of Racists

In a market setting, racists who arbitrarily discriminate are forced to pay for that decision. If an employer refuses to hire anyone of a...

Think Economics – Part 2 – Currency

Currency, it’s the lifeblood of the economy, and it’s the primary tool of control for the U.S. Government. Currency is something you’re likely often...

Think Economics – Part 1 – Interest Rates

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,...

Dude, what happened to Venezuela?

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...

Latest articles

Brexit

EU offers Brexit delay, Utrecht shooting

"A 13-year old boy has been hailed as a savior as he secretly texted for help during the hijacking of a school bus near Milan. The hijacker has been named as 47-year-old Oussynou Sy, who threatened the children and set the bus alight."
Paternalism

Government Paternalism

"The government has a vested interest in prolonging adolescence. This is because those with an adolescent mindset will need a care taker, and the government will be right there to provide it."
ubi

The Future of Universal Basic Income (UBI) Explored

"What I see happening is that unless newer fields emerge that are of interest to people (since this scenario has enough base costs covered to not really need to work), and assuming this somehow doesn’t turn into some form of Star Trek socialism, I believe that we’ll move from a service economy into more of an entertainment economy."