Monetary Freedom

Musings on economics and politics, with a special interest in free banking and monetary disequilibrium.

Thursday, December 15, 2022

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 Year To Date Inflation  --  Not the Right Metric During the Great Moderation, the Fed kept the inflation rate close to its target of 2%.   ...
4 comments:
Wednesday, April 10, 2019

More "Interesting" Thoughts about Socialist Monetary Policy

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Interest income is forbidden in a socialist society due to socialist ideology.   Someone is earning income on their money, when the only leg...
45 comments:
Monday, April 8, 2019

Socialist Monetary Policy

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Consider a command economy that doesn't fully dispense with money but rather pays wages to the workers in all of the nationalized indust...
8 comments:
Sunday, April 7, 2019

Government Default and MMT

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Advocates of Modern Monetary Theory (MMT) have claimed that most economists have recently come around to their position that a government th...
9 comments:
Saturday, April 6, 2019

Modern Monetary Theory

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I believe it was Robertson who claimed that what was true in Keynes was not new and what was new in Keynes was not true.   Much the same can...
3 comments:
Sunday, February 4, 2018

What is the "Right" Corporate Income Tax? Zero!

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    The recent tax bill signed by President Trump reduces the corporate income tax rate from 35% to 21%.    This was a positive change, but ...
8 comments:
Sunday, October 8, 2017

Buchanan, Calhoun and Rothbard--More of MacLean's Follies

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Nancy MacLean's Democracy in Chains  follows its fictional introduction , the imaginary "Meeting in Dixie" with a prologue, ...
5 comments:
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