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Friday, August 30, 2019

Bringing Austrian and Keynesian Theory Together

Is it possible to fit Austrian and Keynesian economic theory under one roof? This article answers that question, with reference to the threat of America becoming a sub-zero interest rate economy.

Wednesday, August 28, 2019

Tom Woods Show Quotes Larson

High-quality libertarian podcast The Tom Woods Show quotes my three-part series on socialism in Sweden! You can hear Tom Woods's episode here...

...and you can read my Socialism in Sweden articles here:

Thanks again to Tom Woods!

Tuesday, August 27, 2019

Negative Bond Yield and Keynesian Economics

The Federal Reserve has declared that it may push U.S. interest rates into sub-zero territory. This will have a load of unforeseen consequences. After my last article analyzing this new economic territory from an Austrian-economics perspective, I take a look at the same problem through the lens of Keynesian theory. 

Friday, August 23, 2019

Negative Bond Yield and Austrian Economics

The Federal Reserve has declared that it may push U.S. interest rates into sub-zero territory. This will have a load of unforeseen consequences. In this article I take a look at what Austrian economics can tell us about this new, dangerous economic territory.

Wednesday, August 21, 2019

An Open Letter to the Libertarian Party

You would think that a party that has "libertarian" in its name would focus on the really important libertarian issues of our time. Not so. All they seem to care about are to defend abortions and to maximize illegal immigration. 

Tuesday, August 20, 2019

Waging a War of Attrition on the Welfare State

The welfare state must go. Unlike what some libertarians seem to believe, it cannot be saved by means of a war of attrition on government spending. The welfare state must go. Period.

Thursday, August 15, 2019

Sub-Zero Treasury Rates: Expect QE on Steroids

Do not mistake the Federal Reserve's signals of sub-zero interest rates for some concern for our economy. If you actually look at the numbers, they are signaling a return to Quantitative Easing.

Wednesday, August 14, 2019

Greece: Have We Learned The Lesson Yet?

It has been a decade since the outbreak of the worst economic crisis in the Western world after the Great Depression. Aptly named the Great Recession, this crisis did a lot of harm to a lot of people in a lot of countries, but nowhere was the harm deeper and more painful than in Greece. In view of the continued, and increasingly reckless deficit spending in the United States, here is a review of the Greek crisis - and why we must not forget about it.

Monday, August 12, 2019

Economic Mega Trends: Myth or Reality?

It has become fancy to talk about mega trends in the economy, from "globalization" to "climate change", or "environmental degradation" as it is now called... Almost all of this mega-trend talk is nonsense. Almost all of it.

Saturday, August 10, 2019

Faith and Freedom: The Moral Case for America


I have great news! You can now get your copy of my book off Amazon and other online outlets!

Why? Let me quote The Spectator.

Thursday, August 8, 2019

Death of the Debt Ceiling: What Happens Now?

The bipartisan budget deal that Congress passed while packing for vacation is little more than a big blank check on future taxpayers. While mainstream comments zeroed in on more or less relevant details, Rand Paul took his fellow Senators to the woodshed:

Monday, August 5, 2019

Right and Wrong about Consumer Debt

There is a story floating around in media saying that consumers are drowning in debt. No, they are not. Unfortunately, even the Wall Street Journal gets it wrong.