#77 Reader Q&A: Unemployment and Recessions
Hi Collin, A friend pointed me at Unpopular Opinions 119 where you are Ben wereguests. I hadn’t seen it before or heard of WTF1971 or Bitcoin EchoChamber. You stood out as the one who could…
Hi Collin, A friend pointed me at Unpopular Opinions 119 where you are Ben wereguests. I hadn’t seen it before or heard of WTF1971 or Bitcoin EchoChamber. You stood out as the one who could…
An important distinction we like to make, which I feel is often lost in confusion these days, is that the differences between a currency and money is mostly semantics. Allow me to explain… The historical…
It seems to be commonly misunderstood today, the relationship between risk and profit for the entrepreneur and the vital role the accumulation of capital plays in a free and fair society. An entrepreneur (or at…
We are nearly finished with our series covering each of the financial panics in the US prior to the Great Depression. We’ve identified, through our look at history, what I believe to be a string…
It can be confusing to some, to understand the interactions between income and the soundness of money. Of course, the politically popular answer to income inequality under expansionary monetary policy is destructive minimum wage regulation….
In our post of The Panic of 1837 I briefly touched on how the Panic of 1819 led to a revival in Jeffersonian economic thinking. The Panic of 1819 was the first widespread financial crisis…
There is a growing chorus in America, especially among the youth, for an outright cancellation of outstanding student loan debts and a total subsidization of all secondary education at the federal level. After all, costs…
In a continuation of our panic series today we will cover the Panic of 1837, but to do so requires rewinding clock back to the aftermath of the Panic of 1819. Again, I will draw…
The nature of government monopolies and price inflation through monetary expansion means that on a year over year basis the cost of goods and services goes up. This is a fairly baseline understanding, regardless of…
A complaint you will often hear from the commons is that the “rich don’t pay their fair share”, but what does this actually mean? These people, generally speaking, are advocating for a world where less…