Consumer Optimism Is Not the Key to Economic Growth
The key to economic growth is not optimism or good "animal spirits." They key is increased productivity and wealth accumulation.
The key to economic growth is not optimism or good "animal spirits." They key is increased productivity and wealth accumulation.
Monetary profit is not the only kind of profit, but in a complex world, monetary profit is essential in building sustainable economies.
No one prints dollars on the purely free market because there are, in fact, no dollars; there are only commodities, such as wheat, cars, and gold.
We should rewrite our textbook accounts to include the possibility of credit preceding a common medium of exchange and call it inter-temporal barter.
Our monetary system encourages debt and punishes saving. It also benefits those who already have money at the expense of those who do not.
Blind Robbery!, a new, easy-to-read book on money is a must-read for anyone who wishes to understand the damage our easy-money system is doing.
This new issue features important contributions to monetary theory and policy, a novel program for re-establishing gold money, and much more.
Henry Hazlitt describes "the open conspiracy" among politicians to refuse to address the national debt.