MMT: The Latest Liberal Economic Fantasy

MMT: The Latest Liberal Economic Fantasy

A good definition of a liberal might be someone who tries to ignore the actual nature of reality. Thus, many politically correct formulations distort reality even to the point of denying the differences between the sexes. Ignoring the nature of reality can get particularly dangerous when applied to economics. The nature of … Read more

Do Higher Taxes Really Produce Higher Revenue

Do Higher Taxes Really Produce Higher Revenue 3

With all the discussions about tax rates and the prodigious amount of municipal deficits, our politicians and media tell us that we must increase tax rates to survive. One is left with the hollow feeling that there are no options and we must raise taxes regardless of the effects to stave off … Read more