Category: Economics

Showing all posts with category Economics

If I Were a Corporate Shill…
5 months ago

If I Were a Corporate Shill…

If I were a corporate shill, there are many policies I would favor. For starters, I would strongly advocate for a highly interventionist government. Most government regulations and restrictions work to limit competition and create higher barriers to...

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5 months ago

100% Money

Endorsed by F. A Hayek, it is one of the most important works on 100 percent banking ever written. Perhaps today's economists at the Fed should take a look. From the preface to the first edition: The revival now of this ancient 100% system, with the...

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5 months ago

How hard is it to stimulate demand?

Recent studies have shown prices in some sectors—such as housing—do indeed rise faster when growth is in full swing, unemployment low and markets frothy. But a large chunk of the economy, from health care to durable goods, appears insensitive to risi...

News from 2021, by Scott Sumner
5 months ago

News from 2021, by Scott Sumner

The following post is purely speculative: Newly elected President Bernie Sanders asks Congress for money to build homeless shelters. The GOP led Senate refuses to appropriate the funds. In desperation, Sanders declares that homelessness is a national...

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6 months ago

Divorce and higher education

The social conservatives are turning out to be right about many things: In this paper we evaluate the degree to which the adverse parental divorce effect on university education operates through deprivation of economic resources. Using one million si...