U.S. Economy
Does Government Spending and Money Expansion Create New Wealth or Destroy It?
Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it.
The Government Is Making the Economy Appear Better than It Is
By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well.
Babylon Bee Deserves Krugman’s Nobel Prize
On this episode of Radio Rothbard, Ryan and Tho are joined by Mises Institute Fellow Jonathan Newman to discuss economic fake news, featuring a cameo by Taylor Swift and Selena Gomez.
Rethinking Keynesian Theory: Debunking Interest Rates and Inflation Myths
Because Keynesian theory has triumphed in the economics world, people are subject to the worst kind of government intervention in the economy. Debunking Keynes is the first step toward economic sanity.
Does Government Spending and Money Expansion Create New Wealth or Destroy It?
Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it.
Resurrecting the Failed Policy of Rent Control
When it comes to housing, the solution to the problem of affordability is rather straightforward: build more. Slapping price controls on housing in the form of “rent control” only makes things worse.
The Government Is Making the Economy Appear Better than It Is
By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well.
What is a “Fed Pivot,” And When Is It Likely to Happen?
Markets are preparing for the Federal Reserve to “pivot”; that is, change directions from raising interest rates to cutting them. What does it mean? It means that the Fed’s leadership has learned nothing in the past several years.
Time Is Running Out for Construction Loans
For a long time, banks have sought to keep construction loans “on the books” to collect more interest payments. With a recession looming, these long loans are likely to become delinquent.