The assumption that markets are ‘natural’
…that without money, such vast barter systems do not occur….It’s money that had made it possible for us to imagine ourselves in the way economists encourage us to do: as…
…that without money, such vast barter systems do not occur….It’s money that had made it possible for us to imagine ourselves in the way economists encourage us to do: as…
…money above the $5,000,000 after all deductions. They spent all the money they believed their business (s) needed, they gave all they wanted to charity, they took the housing credits,…
…Amendment precedents of the Supreme Court that count “money” as speech and thus consider that limitations on money spent to influence elections as a limitation on speech. Yet most economists…
…and III: wages have stagnated. Here we see what corporations have done with all that money. There is a limited selection set: pay taxes, distribute as dividends, pay down debt,…
…give you that money for free!” And some people are telling you that we should not take that money. We have given the bankers enough. Now, they are willing to…
…just spending taxpayer money. English translation: We took money from the Treasury, and our Accounting looks nice because we don’t count the overpaying for “assets” or the free money on…
…is the additional money paid at the top of the bracket for the corresponding rate. The “Total tax” is the actual money paid up to that level. It is the…
by Steve Roth Don’t Like “Money Printing”? Then Stop Borrowing. Whip Inflation Now! Cross-posted at Asymptosis. There’s a widespread conception that “money printing” by the government causes inflation, and that…
…Here is some boring notation from chapters 20 and 21. e is the elasticity of prices with respect to the money supply. e_d is the elasticity of money times velocity…
…be different for intermediaries (financial institutions) than wealth-creators (businesses). And because “excess reserves” are money issued by the government which is inflationary because of the multiplier effect of money—which, of…