Few words spark more anxiety in public debate than "national debt" and "government deficit." National debt is the total amount of money the government owes, accumulated over years of running deficits.

Modern Monetary Theory (MMT) can be misleading by presenting technically true statements that are economically flawed.

The EPA’s Plan to Relax Carbon Dioxide Regulations Is Not a Nefarious Plot Of Course Ghislaine Maxwell Took the Fifth CIS vs. Cato on Immigrant Welfare: Who’s Right? Audio By Carbonatix For decades, ...

New scholarly work is appearing regularly in the Quarterly Journal of Austrian Economics. Here are some articles from the latest issue.

In today’s world of high inflation and multi-trillion-dollar budget deficit, many believe the U.S. government has spent too much to bring the economy out of the COVID-19 recession. While today’s ...

1. Modern monetary theory and the case for gold. With central banks around the world loosening monetary policy in response to flagging growth and possible trade-war fallout, modern monetary theory ...

LONDON, April 14 (Reuters Breakingviews) - Economic theories become fashionable when their ideas meet the needs of the age. John Maynard Keynes’s “General Theory of Employment, Interest and Money” ...

Critics of the Austrian Business Cycle Theory claim that capital investors over time will no longer be fooled by artificially-low interest rates triggered by ...

Why is Modern Monetary Theory back in the spotlight? The leader of the Green Party, Zack Polanski – whose more assertive, charismatic and left-populist tenure has seen the party dramatically surge in ...