Real Rate on Ten Year Bond

How Can Governments Borrow at Such Low Rates?

– January 24, 2019

Those who cite low interest rates on government debt miss the point. It is not the price of government borrowing that matters. Rather, it is the opportunity cost of government borrowing to society.

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moneydrain

How $137 Billion Strangely Disappears

– January 22, 2019

That number sums all the improper payments by what the government calls high-priority programs. If it makes your head spin, it should.

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Argentine Risk

Why Is Country Risk Rising in Argentina?

– January 7, 2019

Argentina has secured an IMF agreement and announced aggressive policies to reduce its fiscal deficit and inflation rate. But that might not be enough to comfort its creditors.

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MG_0106

How Modern Monetary Theory Could Become the Left’s Worst Nightmare

– January 6, 2019

If those on the left who subscribe to MMT believe political history will end once they finally implement their enlightened government programs, they are guilty not just of bad economics but of astounding political naivete.

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bankup

Is the Growing Federal Debt a Recipe for Disaster?

– December 18, 2018

With the ratio of debt to GDP exceeding 100 percent, a crisis is not unthinkable.

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inequality_12-11-18

The Myth of Spiraling Inequality

– December 11, 2018

Conventional wisdom says that inequality in the United States is spiraling out of control. But what do the data actually say?

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fredgraph

Growing Pains

– October 24, 2018

Long-run growth projections have plummeted since the Great Recession. How much blame does fiscal austerity bear for this bleak outlook?

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Rushmore2

Whose Economy is it, Anyway?

– October 2, 2018

The essence of economics is far too complex to accredit to a politician.

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socialsecurity

Making America Broke (More Than It Already Is)

– September 18, 2018

Social Security is in the hole. It’s time to stop digging. 

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gunstryanny

Tyranny Can Be the Cost of Bad Public Policy

– September 1, 2018

Coyne and Hall argue forcefully for cultivating a consistent anti-war ideology, one grounded in the economic analysis of the true costs of militarization.

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megaphone-2335573_1280

Policy Trajectory and Investor Expectations

– August 20, 2018

Weaponizing one’s influence over expectations can certainly shake up a political scene. But it also serves to shake markets, the source of material prosperity.

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seaofdebt

The Economic Realities of Democratic Socialism

– August 19, 2018

The bottom line is that none of us can afford the true budgetary costs of the Democrat Socialist dream. And that’s just the financial costs. It says nothing about the stifling of innovation, of entrepreneurship, and of work under such plan. It’s amazing what twenty-five years can do to a political party’s ideology.

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