Politics
Hayek once remarked, “If socialists understood economics, they wouldn’t be socialists.” Building on this, if socialists understood socialism, they wouldn’t be socialists.
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Ever since the Great Depression, most economists have claimed that the key to increasing economic growth is to lower unemployment. However, increasing the savings...
Popular views of capitalism and free markets are not shaped by the facts, but rather by anti-capitalist intellectuals and the media.
Hayek once remarked, “If socialists understood economics, they wouldn’t be socialists.” Building on this, if socialists understood socialism, they wouldn’t be socialists.
Lower interest rates can help promote economic growth—as long as those rates are determined by the market and not by political edict.