In the long run, economic stimulus creates no shortage of losers. The state’s objective is always to extract as many eggs from the golden goose as possible, only now it's not important to keep the goose alive.
The financial press gives us the what, when we need the how and why. Economic journalism needs a reset.
Hazlitt takes on a humble objective: to deliver an “unblushingly ‘classical,’ ‘traditional,’ and ‘orthodox’” synthesis of economics. This is the most fitting way to approach the layman, who will only retain a few lessons from an introductory book.
Hazlitt takes on a humble objective: to deliver an “unblushingly ‘classical,’ ‘traditional,’ and ‘orthodox’” synthesis of economics. This is the most fitting way to approach the layman, who will only retain a few lessons from an introductory book.
Ryan McMaken and Tho Bishop discuss some of the new policies the Biden administration wants to inflict on us, on topics ranging from bitcoin to foreign policy.
In most economies, inventories are valued at market prices, while in China they are valued by the authorities and adjusted later. This is just one of many ways China manipulates GDP data.
In most economies, inventories are valued at market prices, while in China they are valued by the authorities and adjusted later. This is just one of many ways China manipulates GDP data.
A deflationary policy is just another type of intervention and in this sense it sets in motion a different form of the misallocation of resources.
In most economies, inventories are valued at market prices, while in China they are valued by the authorities and adjusted later. This is just one of many ways China manipulates GDP data.
David Gordon reviews Prosperity and Liberty, a compilation of essays on Venezuela's wrecked economy and plans for reconstruction, edited by Rafael Acevedo.
