The Faith of Entrepreneurs
Ludwig von Mises didn’t like references to the "miracle" of the marketplace or the "magic" of production or other terms that suggest that economic systems depend on some force that is beyond human comprehension. In his view, we are better
No, Conservatives Should Not Embrace MMT
Reading Jonathan Culbreath’s “Modern Monetary Theory for Conservatives” one can’t help but think of Murray Rothbard’s quip that “it is not a crime to be ignorant of economics … but it is totally irresponsible to have a loud and vociferous opinion
The American Rescue Plan: Limits of the Highly Visible
“We believe that hindsight will show the champion of head-smacking craziness in the American stock market to be the period playing out right now.”~ Paul Singer, letter to Elliott Management shareholders, January 28, 2021 Who says finance has to be boring?