Despite the handwringing and lectures from Geithner and his accomplices, there is no need to raise the federal debt limit. The US government already spends an obscene amount of money every month, and this could easily be scaled back to the current inflow of tax receipts.
As interviewed by Mac McDowell on the “Boiling Point” radio program, 92.5 FM in San Antonio, Texas. Recorded 21 May 2011.
In an unhampered free-market system, the Ricardo effect is benign and progressive.
Throughout Pop Internationalism, Paul Krugman makes a great case for how free trade and the global economy raise the living standards for everyone.
Victor Mikhailovsky, the sixteen-year-old host of the online radio program “Insane Government,” interviews Mark Thornton on the topic o
May 15 is the 100th anniversary of the most famous antitrust ruling in US history — the 1911 Standard Oil case, and the 100 years of myths it engendered.
For the most part, the Great Society represented the culmination of economic, political, and intellectual developments dating back a century, write
It “was not inevitable,” writes Goldfield. Rather, it was “America’s greatest failure.”
What they don’t understand: aggregation, relative prices, interest rates, capital structure, money pumping, and regime uncertainty, writes Ro
