Bob Murphy: How Bad Is the National Debt?
Economist Bob Murphy explains the technical details of government debt and why Modern Monetary Theory is so dangerously wrong.
Economist Bob Murphy explains the technical details of government debt and why Modern Monetary Theory is so dangerously wrong.
Plus: A listener asks if there are any libertarian solutions to rising obesity rates.
We could grow our way out of our debt burden if politicians would limit spending increases to just below America's average yearly economic growth. But they won't even do that.
The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.
Lawmakers should consider a user-fee system designed to charge drivers by the mile.
We’d all be better off if politicians spared us their experiments in subsidies, wages, and trade.
Prices are up all over the economy. Here are scenarios about what might happen next.
Similar measures have been tried before, right here in America, and they have worked. But that's actually not good news for MMT fans today.
Fiscal hawks have been sounding the alarm about rising debt levels for decades, but their nightmare scenario of runaway inflation hasn't come to pass. How do we know if this time is different?
After years of federal fiscal recklessness, is Washington's bill finally coming due?
The Reason Roundtable discusses Federal Reserve Chair Jerome Powell's 60 Minutes admission, as well as the Libertarian Party presidential race post-Justin Amash
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