Britain’s Keynesian press & public service broadcasters view President Roosevelt’s New Deal as something to ‘put on a pedestal’ (Guardian June27). Sadly the New Deal has gone into main stream academic & political economic archives [more…]
A tariff is a tax on imports that is used to satisfy a policy goal. Before the federal income tax became law in 1913, the US federal government was funded almost entirely by tariffs and [more…]
Perhaps the most destructive premise of modern, mainstream economics is that a central bank-induced monetary/credit expansion can cause an economy to grow without adverse consequences. Let’s be perfectly clear from the start…this policy has been [more…]
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