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Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at inputs and outputs without trying to understand causal...
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Photo by Joe Sargent/Getty Images Netflix says it had a big audience for its live NFL games on Christmas Day, with Nielsen ratings designating...
The Federal Reserve says it can manipulate the money supply to ensure “price stability.” This worsens the boom-bust cycles and undermines the economy.
One of the unfortunate legacies of Monetarism is the belief that the Federal Reserve can manipulate the money supply to ensure “price stability.” Such...