Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...
Most people like new stuff more than they like paying for it. Poll a few thousand Americans about whether they'd enjoy having a BMW, and most would probably say yes. Ask how they'd feel if told it ...
Last week I looked at how, for modern day purposes, monetary policy started around 1750. It began with the departure from the presumption that money is wealth to the idea that money is a veil and that ...
Forbes contributors publish independent expert analyses and insights. I wrote the book on vulture investing. This article is more than 5 years old. Trillion-dollar deficits and constant expansion of ...
There is a new brand of economic theory floating around, supported by left-leaning politicians and economists, and actually put into practice by the Trump administration and formerly conservative ...
In today’s world of high inflation and multi-trillion-dollar budget deficit, many believe the U.S. government has spent too much to bring the economy out of the COVID-19 recession. While today’s ...
Alexandria Ocasio-Cortez, the newly elected representative from the Bronx, told Business Insider recently that modern monetary theory, or MMT, should “be a larger part of our conversation” when it ...
Rep. Alexandria Ocasio-Cortez has said it “absolutely” should be part of our conversation about the economy. During the presidential campaign, Sen. Bernie Sanders’ chief economist was an adherent. But ...
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...
Over the last several months, Modern Monetary Theory—MMT—has become the progressive left's latest policy darling, notwithstanding withering criticism from the center (Larry Summers) and the right ...
As the campaign in the 2020 presidential race heats up, so do the promises, with each new candidate vying for who can offer voters the most goodies. But goodies don’t come cheap. Many of the promises ...
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