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floortraders1
Peter C. Earle

Fear Not the Inverted Yield Curve – Yet

Inverted yield curves may or may not predict recession. Will the Fed again cut rates to zero, piling new economic misallocations atop those which remain distorted by the previous decade of zero interest rates?

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caculator
Scott Burns

Should Everyone Have An Account At The Fed?

Some scholars argue that ordinary citizens should be allowed to open bank accounts at the Fed. Is this the best way to reduce financial exclusion?

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shutterstock_419353873
J.P. Koning

The War on Cashless Stores

If you’re a store owner in Philadelphia or the state of New Jersey, and you don’t accept cash from your customers, pretty soon you’ll be breaking the law.

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pesos
Nicolas Cachanosky

What Should Modern Monetary Theory Learn From Argentina?

Can governments run large fiscal deficits financed with new money without generating significant inflation? The experience of Argentina calls this view into doubt.

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Keynes
James L. Caton

Keynes Didn’t Invent Aggregate Analysis

By conflating the macroeconomics of Keynes with macroeconomics, we run the danger of discarding the contributions that Keynes himself inherited.

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beautifulmarkets
Jeffrey Tucker

Kierkegaard’s Parable of Two Artists

The very existence of wealth creation should fill us with awe, respect, and endless curiosity, as well as inspire within us a desire to celebrate and protect the institutions that make markets thrive.

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busy-city-streetlife-1822608
Chloe Anagnos

Japan Joins the Cashless Revolution Thanks to Chinese Tourists

The market economy is vastly superior to anything the government does because it gives customers the freedom to choose.

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gordonramsay
Art Carden

What Gordon Ramsay Reveals about Monetary Economics

What does the Austrian theory of the trade cycle have to do with Gordon Ramsay? Plenty.

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