The Myth of Fed Independence

Jonathan Newman joins Ryan McMaken to talk about the history behind the myth of "Fed independence." The Fed has never been politically

Nominalism and Bad Economics

Nominalist ideas influenced the scientific revolution, shaping its departure from metaphysics, its mechanistic perspective, and the mathematization of all sciences. This paradigm

Trump’s Trade Trilemma

While President Trump rails against US trade deficits, he forgets that they are due to the fact that the US dollar is