Fiscal Theory

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America Needs a Good, Old-Fashioned Economic Depression

Global EconomyFiscal TheoryInterventionism

Blog07/21/2016

Central bankers are moving heedlessly toward what Ludwig von Mises called "crack-up boom."

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The Keynesian Blessing: Americans Are Broke

Money and BanksU.S. EconomyFiscal TheoryMoney and BankingPolitical Theory

Blog06/12/2016

Many Americans now lack even small amounts of savings to deal with life emergencies. This is a triumph for Keynesian economics.

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The War on Cash is Ancient

Taxes and SpendingWorld HistoryFiscal Theory

Blog05/24/2016

The war on cash is a war on commerce, or rather, on any commerce that can't be monitored and controlled by government.

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Of Course the US Government Will Default on Its Debt

Big GovernmentTaxes and SpendingFiscal Theory

Blog05/09/2016

The real question about an American default has always been less a matter of if, and more a matter of how and when.

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Rothbard: The Myth of Tax "Reform"

Big GovernmentTaxes and SpendingFiscal TheoryInterventionism

Blog03/21/2016

We must, in short, get past the tax reformers' favorite ploy of revenue neutrality. Why must total revenue remain the same? Instead, it should be lowered drastically, and as much as possible.

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"Who Will Pay for It?" is the Wrong Question To Ask Politicians

Taxes and SpendingFiscal Theory

Blog03/17/2016

It's vital to debunk promises of "free stuff" but we often concentrate too much on the "free," and not enough on the "stuff."

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News Flash: Uncle Sam is Bankrupt

Big GovernmentTaxes and SpendingFiscal Theory

Blog02/26/2016

Secretary of the Treasury, Jack Lew, released the government's audited financial statement and it make Bernie Madoff's books look like Warren Buffet's financial statements!

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Soaking the Future Poor

Taxes and SpendingFiscal Theory

In our efforts to soak the present rich we have been soaking the future poor.

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US National Debt Crosses $18 Trillion

Big GovernmentCorporate WelfareTaxes and SpendingU.S. EconomyFiscal Theory

Blog12/17/2014

US National Debt now exceeds $18 Trillion with no end in sight. Will we see national default on the debt or hyperinflation?

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