Forbes contributors publish independent expert analyses and insights. I wrote the book on vulture investing. This article is more than 5 years old. Trillion-dollar deficits and constant expansion of ...
New scholarly work is appearing regularly in the Quarterly Journal of Austrian Economics and the Journal of Libertarian ...
Most people like new stuff more than they like paying for it. Poll a few thousand Americans about whether they'd enjoy having a BMW, and most would probably say yes. Ask how they'd feel if told it ...
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market ...
There’s nothing new about “modern monetary theory.” And, actually, a lot of it is true. You can print all the money you like — that is, increase the supply — as long as there is a corresponding ...
As the campaign in the 2020 presidential race heats up, so do the promises, with each new candidate vying for who can offer voters the most goodies. But goodies don’t come cheap. Many of the promises ...
Just as the Holy Roman Empire was neither holy, nor Roman, nor an empire, modern monetary theory, or MMT, is neither modern, nor mostly about money, nor a theory. Yet these days it is a favorite ...
Today, there are two powerful economic theories emerging: Modern Monetary Theory and Bitcoin. Two emerging and extreme theories are reframing the existing economic conversation as we know it. Modern ...
Modern Monetary Theory (MMT) preaches fiscal stimulus and monetization of public debt in good times and bad to support full employment. The emergency response to the COVID-19 crisis is not MMT; it is ...
The liberal view arose that the best monetary policy was no-policy; that is, no policy beyond the steady coin production of each sovereign's Royal Mint. While no longer the definition of wealth, ...