How Economists Evaluate Tariffs Versus Income Taxes From The Human Action Podcast with Bob Murphy Episode Description Prompted by a listener request, Bob gives the standard economic analysis of tariffs and other types of taxes. This is relevant because the populist Right is arguing for a hike in tariffs to… Undisciplined Jul 27, 2024, 9:58 PM
What Project 2025 says about the Fed By Jonathan Newman Surprisingly, Project 2025 blames the Fed for exacerbating the cycle of booms and busts, inflating away the value of the dollar, enabling exorbitant deficit spending. Excerpted from Project 2025 A core problem with government control of monetary policy is its… Undisciplined Jul 27, 2024, 1:25 PM
Canada's "worst decline in 40 years" By Peter St. Onge What changed? Justin Trudeau's campaign to convert Canada from a US-style mixed economy into a state-dominated economy like the sick men of the EU. originally posted at… Undisciplined Jul 27, 2024, 11:36 AM
Student loans are the 'fudge factor' that allows institutional profiteering By Jane L. Johnson The student loan program not only is saddling young people with huge debts, but it also encourages colleges and universities to charge higher tuition. originally posted at… Undisciplined Jul 26, 2024, 6:44 PM
Have we been living in an MMT world since 2008? By Joseph T. Salerno What we may call the “spending illusion” is perhaps the gravest error in the history of economic thought and has been deeply embedded in economics since the early twentieth century. originally posted at… Undisciplined Jul 26, 2024, 6:29 PM
Why Not Just Cancel All The Debt? From Bitcoin University Video Description In this video, I discuss the problems that arise if you try to avoid a sovereign debt crisis by "canceling" a country's debt. For example, a T-bill is a liability of the US Undisciplined Jul 26, 2024, 1:49 PM
Wall Street's latest poison: Leveraged ETFs By Douglas French Just as Wall Street created products to participate in the housing boom (subprime mortgages, mortgage backed securities, credit derivatives), the industry now has triple leveraged ETFs to satisfy the public’s gambling appetite. originally posted at… Undisciplined Jul 25, 2024, 7:33 PM
A 'smart city' is a city plagued by high taxes and central planning By Zach Varnell When municipalities embrace new technologies, people often refer to them as “smart cities.” However, all too often these technological “revenue enhancers” are nothing more than shakedowns of local citizens. originally posted at… Undisciplined Jul 25, 2024, 7:09 PM