April 9, 2020. New unemployment claims surged to 6.6 million today in face of the COVID-19 shut down. Prediction: The … More
Category: Keynesian Economics
Focus on People During Economic Crises, Not Macro-Statistics – Foundation for Economic Education
By Mark Hornshaw “Economics studies human choice under scarcity. Humans must act in the present to provide for the future. … More
Economic Lessons from Coronavirus: Government-Subsidized Private Debt Creates Macro Vulnerability | International Liberty
“Little more than a decade after consumers binged on inexpensive mortgages that helped bring on a global financial crisis, a … More
Watch “The Most Persistent Economic Fallacy of All Time!” on YouTube
Bernie Sanders Gets a Lesson in What a $15 Minimum Wage Would Mean – Reason.com
“…it’s telling to see how Sanders’ campaign responded to the allegation that the Vermont socialist is not putting his money … More
Musings and Mentions
As we continue to examine the outcomes of socioeconomic initiatives throughout our history, it becomes apparent that society’s benefits are … More
Government Shutdowns and Economic Activity | International Liberty
From a microeconomic perspective, there is some genuine disruption for affected federal bureaucrats, even if they eventually will get full … More
