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Posts Tagged: “wealth creation“
Inflation v. Desk Jobs
Inflation has taken the shine out of every form of investment other than physical assets and entrepreneurship. The dramatic increases in the cost of housing, living, and relatively slow increase of standard wages have created a liquidity-constrained situation for retail investors, and also made the stores of that liquidity continually less appealing. When adjusting for […]
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The Myth of Aggregate Demand: What Really Causes Recessions
As warnings flash about the state of the economy, the Keynesians are out in full force to declare that falling aggregate demand is what causes recessions. The Austrian school can set the record straight. The following article was originally published by the Mises Institute. The opinions expressed do not necessarily reflect those of Peter Schiff […]
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