July 25, 2024・Original Analysis
Boeing, Money Printing, and the Military-Industrial Complex
Boeing’s commercial jets struggle, but its military machines thrive, all fueled by endless fiat money.
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Posts Tagged: “broken window fallacy”
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November 7, 2023・Guest Commentaries
Ron Paul: Call It Foreign Aid or Corporate Welfare — It’s Still Money Out of Our Pockets
President Joe Biden is selling the latest proposal to send military aid to Israel and Ukraine as an economic stimulus plan. But this notion that spending money for somebody else’s war somehow boosts the American economy is rooted in a pervasive economic fallacy. When you boil it all down, Biden is basically saying that the […]
November 5, 2023・Original Analysis
Is All This Military Spending Really Good for the Economy?
Is war and military spending really good for the economy? A lot of people seem to think so. In fact, President Joe Biden is selling the latest proposal to send military aid to Israel and Ukraine as an economic stimulus plan. But this notion that spending money for war somehow boosts the economy is rooted in […]
September 30, 2022・Friday Gold Wrap
Economics Always Wins in the End: SchiffGold Friday Gold Wrap Sept. 30
With a hurricane barreling toward his home, Friday Gold Wrap podcast host Mike Maharrey called an audible and recorded this week’s show ahead of time. And since the hurricane is in the news, as well as top-of-mind for his family, he uses it as a jumping-off point to talk about some economics including the concept […]
October 18, 2019・Fun on Friday
Fun on Friday: Silly Keynesians
I saw a tweet this week by Paul Krugman asserting, “What we do have is a persistent problem of weak demand; yes, we have full employment now, but only with extremely low interest rates, which means little ability to respond to the next downturn. This makes a strong case for a big government investment program.” […]