When an economy suffers a recession, some factors of production, such as labor, become unemployed. Keynesians believe that expanding credit and fiat money will bring back full employment. That’s not how an economy works.
Original Article: Can an Easy Money Policy Increase Employment of “Idle Resources”?
Can an increase in the supply of gold cause a boom-bust cycle? Mises believed it was
Thanks to unrelenting propaganda from the establishment media, a large number of Americans are suffering from
By misusing statistics, the government claims that racial disparities are always caused by racial discrimination and
