Politics, Not Markets, Makes Banking Unstable
Is fractional-reserve banking inherently unstable? Over at National Review, Edwin Burton, a visiting economics professor at the University of Virginia, argues that
Is fractional-reserve banking inherently unstable? Over at National Review, Edwin Burton, a visiting economics professor at the University of Virginia, argues that
Note: An earlier version of this article appeared at Economic Forces. Anyone who has followed macroeconomic debates of the last half-century is surely
Included in President Joe Biden’s recently released budget proposal are several tax increases, among them an increase to the top marginal income
In Cleveland, OH, during his bid for the presidency, Walter Mondale blamed his opponent’s policies for turning the region into a “rust
Wilson County Courthouse, Wilson, North Carolina. The city of Wilson, a quiet town of about 50,000 in eastern North Carolina, would not be
An earlier version of this article appeared at Economic Forces. The dumbest economics discussion over the past few years — and that’s a
The ongoing debt-ceiling debate has brought concerns about the sustainability of US fiscal policy to the forefront of public discussion once again.
The artistic and creative personae of a performer or composer is a manifestation of his entire life experience, everything that he has
“There is perhaps no empirical regularity among economic phenomena that is based on so much evidence, for so wide a range of
At the start of 2023, many in the tech sector and the venture capital world were coming to terms with lost money