This well-worn theory of supply-side economics is supposed to increase the economy's productive capacity by reducing taxes ...

In The General Theory, J.M. Keynes allegedly “discredited” Say‘s Law. Of course, Keynes actually debunked a straw man that ...

Join us for the 2025 Economica-Phillips Lecture which will be delivered by Valerie Ramey. Starting in the 1930s, Keynesian fiscal stimulus was the leading policy tool for fighting recessions, but it ...

Adam Smith is regarded as the world's greatest economist of all time, driven by his profound influence of concepts on shaping ...

Guglielmo Carchedi and Michael Roberts’ new book offers a necessary counterpoint and challenge to dominant economic paradigms ...

A bottomless pit of knowledge that is fiercely logical and realistic in contrast to [[Keynesian Economics]] — fiat nonsense. It correctly looks at economics as the study of human-action (praxeology) ...

The fear of boom and bust cycles, unique to our policymakers, once the economy exceeds an annual growth rate of more than 4%, thus leading to a balance of payments crisis, is a fallacy.Before ...

After sorting through all the above and reading the statements of the president and his Cabinet while ignoring the partisan ...

The 2020s is turning out to be a decade of great unravelling of the global order much like the 1930s. The Great Depression of ...

This "pain trade," also includes the president's tariff agenda. The result will be slower growth, less inflation, and fewer jobs. As the demand side of the equation craters the economy, President ...

Janet Yellen is quietly furious with Elon Musk. She is “very disturbed” by what he’s doing to the Internal Revenue Service, firing auditors who were just hired to tackle the trillions being ...

ChatGPT Plus (Premium), free for students, is finally available, and it's the academic plot twist no one could have predicted that too just in time for finals.