Deficit hawks continue to make the debt the story, which means they’re distracted and they’re distracting their flock. $33 trillion in debt isn’t the problem as evidenced by how much investors line up to buy it.
Congress Won’t Address the Debt, Markets Yawn. Listen to Markets Read More »
Every product and service that we enjoy today used to be nosebleed expensive. Which is why it’s strange that the various economic religions focus so much of their energies on monetary policy. They miss by a mile.
The Path To Lower Prices Has Little To Do With Monetary Policy Read More »
“Money supply” is a conceit on par with Five Year Plans, the only difference that Five Year Plans thankfully died in the 20th century.
Contra Friedman’s Disciples, ‘Tight Money’ Doesn’t Slay Inflation Read More »
When Kimbal (brother of Elon) Musk brought the idea of an online directory of businesses to the head of the Toronto Star, he was dismissed haughtily for believing with his brother that the internet would replace the Yellow Pages. The present is always the past. This is lost on Lina Khan.
Lina Khan Hasn’t Found An Antitrust Violation, She’s Found the Past Read More »
