The Most Important Elections You Aren’t Hearing About
On this episode of Power and Market, Ryan, Connor, and Tho look past the political circus of midterm candidate campaigns to the state ballot initiatives on the ballot around the country.
Taxes and Spending
Displaying 1 - 10 of 1822
Beyond the Usual Response: Dismantling MMT’s Accounting Claim
This week, Bob does a deep dive on the accounting argument at the heart of MMT, as a teaser for his chapter in the Mises Institute’s forthcoming book, Anti-MMT: The Errors of Modern Monetary Theory.
California’s Wealth Tax Fails Hayek’s Rule-of-Law Test
The proposed California Wealth Tax is promoted as a tool for “social justice,” yet according to the standards set by F.A. Hayek, it undermines the rule of law, not to mention justice itself.
The Keynesian Multiplier “Magic”
One of the most popular ideas in the Keynesian lexicon is the belief that through monetary manipulation and government outlays, an economy can spend it self rich, thanks to the “multiplier.” It is dangerous nonsense, like so much else of what Keynesians preach.
The Great Social Security Ponzi Scheme
On this episode of Power and Market, Patrick Newman joins Ryan and Tho for a discussion on Social Security, generational economic tensions, and the latest inflation numbers (spoiler: they're bad.)
You Are the Collateral, Forty-Three Cents on the Dollar
Keynesians claim that government debt is no problem because “we owe it to ourselves,” as though owners of US debt don’t care if they are repaid or not. Taxpayers, who actually will pay the debt, are left out of the equation.
The Debt Myth: “We Owe It to Ourselves”
Keynesians claim that government debt is no problem because “we owe it to ourselves,” as though owners of US debt don’t care if they are repaid or not. Taxpayers, who actually will pay the debt, are left out of the equation.
Anti-MMT: The Errors of Modern Monetary Theory
MMT proponents, in the words of Ludwig von Mises, see "something miraculous in the issuance of fiat money"—they see in the government a power that surpasses "the art of sorcerers, witches, and conjurors."
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The Destructive Effects of Outrageous Taxation
Politicians claim to support measures to make life more affordable for people, but the reality is that taxes are the number one expense for most people.
The Injustice of Capital Gains
Proponents of high capital gains taxes believe they fall heavily upon wealthy investors, therefore, they are an act of justice. In reality, these taxes hinder capital formation and economic growth, and the harm falls mainly upon those who are not wealthy.
