An obscure economic fad known as Modern Monetary Theory is again in the news. This is in part because its leading advocates are backing away from several of its central predictions, while ...
Ironically, an acatallactic pseudo-theory of money that emerged from a school of thought that rejected theory in favor of an ...
“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...
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Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...
The Russian Advance on Some Fronts in Ukraine Is Literally ‘Slower Than a Snail’ The Oldest Trick in the Book French Senate Rejects Assisted Suicide Audio By Carbonatix For decades, the Democrats have ...
There’s nothing new about “modern monetary theory.” And, actually, a lot of it is true. You can print all the money you like — that is, increase the supply — as long as there is a corresponding ...
As the House and Senate budget committees begin the usual process of putting together a federal budget for the coming fiscal year, one of the big unanswered questions is how much they will be swayed ...