The Welfare State Prolongs Recessions
Many economic pundits predict that the US and much of the world either is in a recession or about to enter one, depending upon one’s definition of the term “recession”. This brief essay is not [more…]
Many economic pundits predict that the US and much of the world either is in a recession or about to enter one, depending upon one’s definition of the term “recession”. This brief essay is not [more…]
One of the problems with claims that our situation is “just like the 1970s,” is that very few adults of the period are still around to share the memory. It is only later in life [more…]
It’s not quite like having to start the economy from scratch, but this lockdown-induced recession warrants some detached assessment. We are aware that viable businesses have been forced to close their doors – or keep [more…]
There are numerous and wide-ranging reasons why someone may choose to invest in physical precious metals. A deep understanding of monetary history provides plenty of solid arguments, and so do the mounting geopolitical risks, the [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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