Money and Banking

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Should We Use Probability in Economics?

Money and BanksMoney and Banking

Blog02/14/2018
The numerical probability is only relevant in the sphere of non- economics where homogeneous cases are observed.

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Is This Week's Mini-Crash Just the Beginning?

Money and BanksMoney and Banking

Blog02/09/2018
The shaky stock market will shake investor confidence, and spells trouble for the future of the current boom.

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Central Banks Holding Steady, But Promise More Rate Hikes

Money and BanksMonetary TheoryMoney and Banking

Blog02/08/2018
In all cases — except the ECB — central bankers said they expected to raise rates more in the near future.

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Venezuela Needs Monetary Freedom, and Soon

Money and BanksMoney and Banking

Blog02/08/2018
Venezuela is facing a crisis of immense proportions. A crucial first step in lessening the disaster is giving citizens choices in the money they use.

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Why Good Economics Requires Good Theory

Money and Banking

Blog02/06/2018
Statistical data cannot produce much information about the underlying causes behind human action.

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Central Banks Put a Safety Net Under Financial Markets

Money and BanksMoney and Banking

Blog01/26/2018
Investors assume bailouts will follow a new bust. But how high can the US interest rate go without bringing the bust?

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Fed Nominee Marvin Goodfriend Lied to the Senate about Taxing Cash

The FedMoney and Banking

Blog01/23/2018
If Marvin Goodfriend’s dangerous views on monetary policy didn’t disqualify him from the Fed, certainly his dishonest testimony today should.

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Falling Prices Are a Good Thing

Money and BanksMoney and Banking

Blog01/16/2018
Entrepreneurs, in the pursuit of the price that will yield profits, will direct real funding towards the improvement of people’s lives and well-being.

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