Europeans Discover The Myth About ‘ Social Safety Nets’
Europeans are now being forced to face up to a cruel reality. All socialists schemes eventually run out of (other people’s) money.
Category: LAW & ECONOMICS
Inflation versus Morality
Diluting the money supply using “monetary policy”is the moral equivalent of diluting the milk supply with water.
Common Sense Is Timeless : How the Spanish School of Salamanca Theorised the ‘Just Price’ in 1544
See also the article ‘The True Founders of Economics: The School of Salamanca’ for some context on this school.
Low Interest Rates Don’t Help To Generate Employment
The relationship of unemployment to interest rates is almost the exact opposite of that suggested by Keynesian theory.
What “Monetary Policy” Means
A high-sounding euphemism for continuous currency debasement.
Both Inflation and Deflation Cause Wealth Redistribution – But Here’s the Difference
Unlike inflation, which creates winners and losers through the backdoor, deflation causes a transparent redistribution of ownership.