The word “inflation” is heard and read everywhere these days. However, since different people sometimes have very different understandings of inflation, here…
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Until the day comes that a majority of the population wants to abolish all states, it makes sense in the meantime to…
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The current bout of inflation is the latest disaster in a string of disasters caused by government debasement of once sound money.…
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The Federal Reserve has a legal dual mandate to minimize unemployment and price inflation. The current “dual” between the two mandates is…
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Is praxeology inconsistent? Praxeologists criticize neoclassical economists for using false assumptions in their models. For example, neoclassicals acknowledge that the conditions for…
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UK entrepreneur and founder of the Cobden Centre Toby Baxendale joins Bob to discuss meeting Hayek, the history of economists supporting 100%…
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Standard neoclassical definitions of money call it a means of exchange and a store of value. But is this correct? Original Article: “Cryptocurrency…
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For most economists the velocity of money circulation is an important factor in determining the prices of goods and services. If, for…