Multiplier misconceptions

Bob Murphy has a new article addressing criticism of the “money multiplier” model taught in many textbooks.  He does a nice job pushing back against some claims in...

Japan Has Avoided a COVID-19 Panic. But the Global Recession Will Hit Hard

The number of COVID-19 cases in Japan had been showing a very low daily uptick until this past week. Suddenly, there were more than forty new cases a...

10 Sunday Reads

A note about Sunday reads: Normally, these are a cross section of policy, investing, economics, technology, arts, sports, etc. But these are not normal times, with the news...

Q&A

QUESTION #1: Dear Martin, Could you offer a comment on how these increases in deaths can affect the latest predictions that you and Socrates offered? Will we still have...

Higher rates of poverty and incarceration put front-line workers and communities in Southern states...

This piece is the second in a three-part series examining the economic and social conditions that impact health outcomes in Southern states, and how these conditions leave communities underprepared...

The Pandemic Exposed the Frailty of the Financial System

Despite the more optimistic claims of political pundits and Federal Reserve officials (Jerome Powell, specifically), things are far from being under control. Notwithstanding archetypal Austrian objections to “loose”...

10 Weekend Reads

The weekend is here! Pour yourself a mug of Cafe blend coffee, grab a seat 6 feet from me, and get ready for our longer form weekend reads: •...

Proposal for New Internet with Kill Switch

COMMENT: As an Englishman qualified to practice law in Virginia and Federal Courts, and very interested in your criticisms of injustices in the American litigation system, I have...

How state attorneys general are protecting workers during the coronavirus pandemic

Attorneys general (AGs) in some states are: Protecting nonessential workers from the risks of contracting COVID-19 by enforcing or leading implementation of stay-at-home orders. Ensuring that workers who are misclassified...

Defining the “New Normal” after Covid-19 will Require More Just Scientific Expertise: Part 1

Scientific arguments are to be respected, and in the nearer term, anyway, we ought to heed the warnings and advice of scientists and doctors. But when authorities proclaim the...
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Latest article

Do Tall Buildings Signal a Recession or Depression?

Madison Square Garden was constructed in New York City and was opened on September 29, 1891. The 304-foot (92.66 m) building had been...

Virus Spurs Global Free-for-All Over $597 Billion Medical Trade

(Bloomberg) -- Germany’s Vice Chancellor Olaf Scholz has said the shared experience of battling the coronavirus could lead to a “new age of...

My company hasn’t payed me or it’s other employees in almost a month. I...

I work for a small tech startup that is having financial troubles, and hasn't paid us in a month on Friday....