Items that fall within the realm of economic discussion but may not have explicit philosophical or policy statements.

Economics

Keynesian Cheat Sheet

Keynesian CHEAT SHEET: A short primer to help you translate articles when reading these esoteric phrases: “more help from the federal reserve will likely be needed …”Translation: “more heroine is likely needed to be injected into this man dying of a heroine overdose…” “the fed needs to do more stimulus…”Translation: “the us dept of money […]

Current Events Economics

History Repeats Itself

Inflating the money supply (aka creating massive inflation) during a crisis and going into massive debt is like trying to dig your way over a mountain. History should be our guide, not Keynesian vudu. Actual transcript from Powell during his interview on 60 Minures below: https://www.cbsnews.com/news/coronavirus-economy-jerome-powell-federal-reserve-chairman-60-minutes/#app Scott Pelley: Where does it come from? Do you […]

Economics Policy

Things Jesus Never Said

There is no virtue in compulsory government charity, and there is no virtue in advocating it. A politician who portrays himself as “caring” and “sensitive” because he wants to expand the government’s charitable programs is merely saying that he’s willing to try to do good with other people’s money. Well, who isn’t? And a voter […]