Why Say’s law is always true
byOne of my regular readers has raised the important subject of Say’s law, the denial of which both Keynesian and modern monetarists are emphatic….
Jean Baptiste Say
Deck the halls with macro follies
byIn case you missed it, here’s another gem from EconStories.tv … In an article reprinted at Mises.org, John Papola explains: Each year, our attention turns to…
Bernanke loosens further the monetary stance
byOn Wednesday December 12, 2012 Fed policy makers announced that they will boost their main stimulus tool by adding $45 billion of monthly Treasury…
What the classical economists knew and the moderns have forgotten – part 5
byToday, as the last article in this series, we present the words of Say himself, taken from his masterpiece A Treatise on Political Economy….
What the classical economists knew and the moderns have forgotten – part 4
byHazlitt referred to the great economist Benjamin M. Anderson in the same breath as Mises when saying that both of them had already penned…
What the classical economists knew and the moderns have forgotten
byAt times of recession, like we have today, a range of dodgy economic ideas that have been refuted several times over during the last…