Nominal GDP Targeting: New-Fangled Monetarism or Old-Fashioned Keynesianism? Can This New Fad Save the Fed?
Despite market monetarism’s recent popularity, nominal GDP targeting fails to achieve the end of aiding macroeconomic coordination.
Despite market monetarism’s recent popularity, nominal GDP targeting fails to achieve the end of aiding macroeconomic coordination.
Whereas in the US, conservative economists tend to hail proportionate taxation as ideal, the Thatcherites have apparently understood the fallacy of this position.
The first lesson to be learned is not to trust pronouncements about the safety of banks.
From the session on “Secession: A Mainstay of Freedom,” presented at the Austrian Economics Research Conference.
From the session on “Secession: A Mainstay of Freedom,” presented at the Austrian Economics Research Conference.
The crash was said to prove how destructive “unregulated capitalism” could be and how dangerous its supporters were.
What sanction, in morals, does the State adduce for the taking of property?
In effect, the government’s not taking is alleged to be giving. Its not taxing is alleged to be spending.
A subset of the end-the-Fed crowd opposes the Fed for peripheral or entirely wrongheaded reasons.
Part of the Authors Forum, presented at the Austrian Economics Research Conference.