by Dan Mitchell | Oct 28, 2023 | Blogs, Monetary Policy
I wrote yesterday about the two big reasons that central banks – such as the Federal Reserve in Washington – impose misguided monetary policy. They create too much money because they want to artificially goose the economy with Keynesian monetary policy,...
by Dan Mitchell | Oct 27, 2023 | Blogs, Monetary Policy
Most people (though not all) understand that inflation is the result of bad monetary policy. That’s the easy part to grasp. What’s more difficult is figuring out why politicians and their central bankers impose bad monetary policy. Are they creating too...
by Dan Mitchell | Sep 17, 2023 | Blogs, Monetary Policy
What’s the track record of Modern Monetary Theory (MMT), which is based on using money-printing by central banks to finance bigger government? This quack theory is ideal for politicians like Bernie Sanders and AOC, but what happens when...
by Dan Mitchell | Aug 25, 2023 | Blogs, Monetary Policy
I wrote earlier this month about the shocking first-place finish by a libertarian in Argentina’s presidential primary. Today, let’s take a close look at what is arguably Javier Milei’s most radical proposal, which is to eliminate his country’s central bank...
by Dan Mitchell | Aug 7, 2023 | Big Government, Blogs, Monetary Policy
The U.K.-based Economist calculated a few years ago that Taiwan has been the world’s fastest growing economy over the previous 100 years. That’s not a big surprise since it started poor and is following the tried-and-true recipe for...
