Can Central Banks Avoid Booms and Busts with the “Right” Amount of Money Creation?
May 4, 2019 – Frank Shostak …… Central banks contend they can avoid booms and busts by increasing the money supply the “correct” amount. They are bound to fail.
Banks, Debt, Money
The Bank of Canada Ignores its Mandate
March 6, 2019 – Lee Friday …… The Bank of Canada’s mandate “is to conduct monetary policy to promote the economic and financial well-being of Canadians.” But perhaps this is not its primary purpose. After all, it is failing so miserably to achieve this mandate, surely this must be by design.
Money Isn’t the Root of Happiness or Meaning, But It Can Help Us Find Both
March 2, 2019 – T. K. Coleman …… Don’t be too hard on money, success, and hard work. These things have contributed to human freedom as much as anything else.
4 Ways to Teach Kids Finance
January 21, 2019 – Maureen Buff …… Just 24 percent of millennials demonstrated a basic understanding of financial concepts, according to a recent PwC study.
Trump is the Rare Honest Politician about U.S. Debt
January 4, 2019 – Tho Bishop …… The difference between the president and other politicians on spending is that Trump says out loud the part you are supposed to keep quiet.
What California’s Forest Fires and Financial Crises Have in Common
December 7, 2018 – Jairaj Devadiga …… Hint: it has to do with overzealous control policies.
There’s No #metoo When Economies Collapse — You Do What You Have to Do
November 24, 2018 – Doug French …… Economic disasters often lead to a rise in the number of people willing to work in the sex trades — which are staffed mainly by desperate people.
Lehman Brothers and the 2008 Financial Panic: Learning the Right Lessons
September 20, 2018 – Robert Murphy …… In the wake of Lehman’s collapse, a familiar refrain from government officials, academics, the news media, and even Hollywood served to cement the “lessons” that deregulation and greed were the main causes of the financial crisis, while bold political intervention spared Americans from another Great Depression (the last time policymakers allegedly stood back and did nothing). There’s just one problem with this narrative: Every single element of it is false.
The State’s War on Student Debtors Is Heating Up
July 21, 2018 – Douglas French …… The government is using increasingly hostile tactics and illogical methods to get student loans repaid.
It’s the Spending, Stupid!
June 25, 2018 – Craig Eyermann …… It is immoral to burden our children with future taxes to pay for the government ‘benefits’ we demand today.