The Biden administration has floated another bloated budget, one that will put the US national debt at $43.6 trillion by 2033, assuming
The past three years did quite a number on my once-high optimism about the future. The eagerness and ease with which governments
Is fractional-reserve banking inherently unstable? Over at National Review, Edwin Burton, a visiting economics professor at the University of Virginia, argues that
Note: An earlier version of this article appeared at Economic Forces. Anyone who has followed macroeconomic debates of the last half-century is surely
