my private podcast channel
The American housing crunch demands some state-level legislative reform. Christian Britschgi of Reason identifies a few bright spots in state efforts to get government out of the way of housing creation.
Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.
The Trump team plans to tinker with government spending, but this does nothing to address the real problem which is the current inflationist monetary experiment.
Original article: Under Trump, Expect No Change to the Monetary Status Quo
No macroeconomics or monetary theory course is complete without introduction of the Equation of Exchange, or MV = PQ. However, this equation explains nothing, praxeologically speaking. Instead, it clouds our understanding of how money fits into our economy.
Original article: A Praxeological Critique of the Equation of Exchange and Neutrality of Money
Perhaps John Maynard Keynes' best con job was convincing people that a growing economy needs inflation, lots of inflation. As David Gordon points out, however, Ludwig von Mises eloquently explained why inflation undermines the free market economy.
Original article: The Inflationist View of History