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- Search found 3 items for:
- Capital and Interest Theory
- Fiscal Theory
- 2004
Mises Daily
Author:
Christopher Mayer
Online Publish Date:
The following article is from the April issue of The Free Market, available to members of the Mises Institute. Debt is an institution in American government, long established and widespread. A cursory glance at debt statistics will quickly show that there has been a lull in the truth about debt, namely, that it cannot grow indefinitely at the rate
Mises Daily
Author:
Sean Corrigan
Online Publish Date:
Let us look at the fundamental question of how we characterize growth in the modern economy. Familiar usage and complacency of thought have allowed the idea to arise that any increase in prosperity can be measured strictly in terms of the macro-economic entity called Gross Domestic Product (GDP). This has led to a horrible inversion of means and