Economía de EEUU

La teoría monetaria moderna es una idea y una teoría incipiente que carece de defensores serios.

Mark Thornton argues Washington’s political theater cannot paper over the mounting costs of war, sanctions, debt, and inflation.

Mark Thornton argues that government efforts to hold down oil prices may be prolonging shortages and setting the stage for an even worse energy crisis.

As debt, inflation, and war erode trust in Washington, Mark Thornton argues that real reform must come from the bottom up—not from the political establishment.

Mark Thornton explains why Austrian economics matters, and why gold, debt, the Fed, and the dollar all point back to the same problem: government money.

Mark Thornton explains the Fed’s real problem: the power to paper over debt, deficits, war, and market cracks until the bill hits consumers.

Mark Thornton traces today’s tangled web of paper money, debt, war, and AI malinvestment—from John Law’s Mississippi Bubble to the Fed’s latest distortions.

Mark Thornton explica cómo la intervención del gobierno genera desigualdad, al favorecer a las industrias protegidas y a quienes tienen conexiones políticas, mientras que hace recaer los costos sobre todos los demás.

Mark Thornton argues the AI data-center bond boom is the latest techno bubble—cheap-money malinvestment dressed up as a new era.

Mark Thornton asks whether precious metals are coiling for a breakout as fiat money, Fed policy, global flows, and market manipulation put pressure on gold and silver.