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...

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fallacies

Don’t Like It? Leave!

President Trump recently found himself in hot water for making the suggestion that several congresswomen should “go back” to the countries they came from...
social contract

Consent or Perish! The Social Contract Issue

"There are three primary forms of consent: implied, verbal, and written. Social contract theory relies on the former of the three forms to function."
Amash

Who Can Defeat Trump? It’s Not the Democrats.

"Regardless of the outcome, one thing is certain: if you found entertainment value in the 2016 election, 2020 is sure to be a blockbuster."