Tag: deficits
Debt, Deficits, and Economic Growth: A Primer
The biggest mistake the voting public ever makes is to ask the government to ‘do something’ about problems the government is powerless to solve....
Welfare Spending, Fiat Currencies, and the Fall of Rome
The first welfare state in recorded history grew out of the late Roman Republic. At first, Rome only gave free grain to needy Romans. ...
Austerity Works!
Austerity works.
Really. I mean that. Take Greece. In 2013, their government spent 62.3% of their GDP. There are, of course, only three ways a...
