Does Government Spending and Money Expansion Create New Wealth or Destroy It?
Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it.
Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it.
The island nation of Jamaica has beautiful beaches but a problem with poverty. Jamaica needs capital and free markets, not more state control of the economy.
Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it.
The island nation of Jamaica has beautiful beaches but a problem with poverty. Jamaica needs capital and free markets, not more state control of the economy.
The movie Wonka is unwittingly a lesson in the dangers of crony capitalism. Willy Wonka, however, beats the odds by being a Misesian entrepreneur.
Modern prosperity is astonishing, but it can quickly disappear if our monetary unit fails. We need to keep up the fight for sound money.
The AI and robotics revolution continues. As entrepreneurs find new ways to use these things profitably, the overall wealth of nations increases.
Modern prosperity is astonishing, but it can quickly disappear if our monetary unit fails. We need to keep up the fight for sound money.
The AI and robotics revolution continues. As entrepreneurs find new ways to use these things profitably, the overall wealth of nations increases.
Sponsored by Michael and Lisa Keller.