No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However ...

Perhaps John Maynard Keynes' best con job was convincing people that a growing economy needs inflation, lots of inflation. As ...

President-Elect Trump has been threatening tariffs against BRICS countries unless they abandon their plans to abandon the US ...

It is hard to find an article in the past century more influential in economic methodology than Milton Friedman’s “The ...

During a recent podcast, the woman who accused three Duke University lacrosse players of beating and raping her in 2006 ...

Like Santa, who gives free gifts to our children, people think of the state as providing services “for free.” However, the ...

Britain‘s new Labour Government is doing what leftist governments always do: raising taxes on everyone, but pretending that ...

The child-like obsession with buying stuff that American society is often criticized for around Christmas is a sought-after ...

I am not referring to the lighting of the White House Christmas tree but to passage of a “continuing resolution” (CR) funding ...

Instead of fearing another government shutdown Americans should be hoping and praying for one – and not just a five weeker.

President-elect Donald Trump has declared that he will raise tariffs his first day in office. Our economy, however, does not ...

One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to ...