Social media is abuzz with talk of blockchain technology. Discussions of public ledgers, distributed-payment systems, and cryptocurrency mining are fascinating but often fail to clarify the technology…
Standard macroeconomic texts teach about different levels of monetary aggregates. The simplest of these is the base-money stock. Banks accept base money as deposits and lend out a significant portion…
This is the final installment in a series of articles addressing the future of Social Security.
In my previous articles, I laid out the arguments and counterarguments for raising taxes and/or reducin…
The logic of an inflation driven by money printing is intuitive. If you print more money, the prices of goods purchased with it will tend to rise. However, the idea that there is a demand for money is…
This is the third entry in a multi-part series on Capitalism Mythbusters.
In a previous installment of the Capitalism Mythbusters series, I busted the myth that free markets lead to intolerance…
Monetary theory is beautifully simple, although to the uninitiated it may seem terribly complex, especially if you are not acquainted with the fundamentals of economic decision-making. Humans…
This is the second installment in a series of articles addressing the future of Social Security.
In my previous post, I outlined the problems our Social Security system is facing. In this article, I…
This is the first installment in a series of articles addressing the future of Social Security. My goal is to inform readers about the various challenges and proposed solutions surrounding this…
This article is part of a series, Enterprise on the Prairie, which showcases the efforts of enterprising residents who are creating value in their communities.
Meet Ryan Swanson.
Ryan is an…