It’s labeled modern monetary theory or MMT. I have read a few efforts to explain this concept and frankly, I would use the late President Bush’s term to best describe it: voodoo economics.
Nobel Prize-winning economist Eugene Fama foresaw a 100% probability that Bitcoin , the world’s largest cryptocurrency, will lose all of its value within the next decade. During an interview on the ...
Hans Hoppe recently criticized Argentina‘s President Javier Milei for not closing the country‘s inflationary central bank. In ...
The IS curve shifts when external factors influence aggregate demand. An increase in government spending or consumer ...
Two of the most commonly accepted theories for the origin of money are the commodity theory and the chartalist theory. Both ...
An interest-bearing and universally accessible central bank digital currency (CBDC) could be a versatile instrument that would, in theory, improve monetary policy by allowing non-linear transfers and ...
Less than a month into 2025 and we have our first GTA 6 trailer theory of the year, which claims a new video will arrive at the end of January. The last couple of months were rough for GTA 6 fans ...
Charlotte Berman has spoken about a major fan theory (Picture ... after they all spoke about what they’d do with the prize money. ‘I would like it for my boys; that’s the reason I’m ...
The ‘madman’ formulation in deterrence theory, predicated on uncertainty and irrationality, was postulated by American academics and analysts in the early decades of the Cold War.
Thus, raising current low tariff rates closer to 17% could, in theory, improve US welfare by capturing terms ... but it rests on critical assumptions that may not align with modern trade realities.
Now, archaeologist Dr. Mikael Fauvelle has introduced a new idea that may better explain how money started. His study, ...