The MMT crowd now claims that the monetary history of the US is an example of chartalism. US history is actually an example ...

A New Restatement (PDF) chapter-by-chapter, allow me to put things into context. Tim Congdon is the deepest thinker in this field and one with enormous experience as a banker with real skin in the ...

When it comes to national income determination, we look to the quantity theory of money, which states that when the money supply contracts, real economic activity and inflation will also contract.

For one thing, it was built on a faulty assumption of strong economic growth. When it comes to national income determination, we look to the quantity theory of money, which states that when the money ...

But as the reality of a possible Giannis Antetokounmpo trade sets in, the Milwaukee Bucks face a far grimmer future than most ...

With a little diligence and some time spent on homework, any consumer can feel confident that they’re receiving an appropriate treatment at a fair price.

If you're changing your own oil flter, standard advice has been to pre-fill it with new oil. But is pre-filling your oil ...

Full text of lecture delivered by Chief Obafemi Awolowo at the First Lecture in the UNIVERSITY OF LAGOS ANNUAL LECTURE SERIES ...

Anderson devoted a major portion of his great book The Value of Money, published in 1917, to a refutation of the “mechanical” quantity theory of money. He argued that the causes and effects from which ...

In recent years, the global economy has seen a dramatic shift from the principles of free trade to a resurgence of mercantilist policies, raising questions about the future of international trade and ...