The World Before Central Banking
In today’s world, there are many who want government to regulate and control everything. The most bizarre instance, though — more bizarre even than banning the sale of large-sized sugary drinks — is...
View ArticleLiquidation is Vital
Many Keynesians really hate the concept of liquidationism. I’m trying to grasp why. Paul Krugman wrote: One discouraging feature of the current economic crisis is the way many economists and economic...
View ArticleKrugman, Newton & Zombie Banks
Paul Krugman: Mitt Romney – supposedly advised by Mankiw among others – is outraged: [T]he American economy doesn’t need more artificial and ineffective measures. We should be creating wealth, not...
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