After my post on The Truth About Austerity and hearing some great feedback from Peter in the comments, I deemed it necessary to dedicate a post to explaining the basics of public finance. We at Hans try to make basic economics accessible to all readers, so I will aim to keep it simple and limit…
Tag Archives | debt
Debt Mythology
Paul Krugman implies that deficit spending is necessary to jumpstart a floundering economy, and in the process repeats the well-known “we owe it to ourselves” fallacy about public debt in his latest piece.
The implication of the “we owe the debt to ourselves” fallacy is that debt isn’t all that harmful or distortionary because, after…
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Reality TV Inventor Loses Big to ‘Buy American’ Fallacy
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Unlearning Economics
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MIT Economist, Former IMF Chief Engages Ron Paul on Banking and Makes an Interventionist Mistake
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The Monopoly Bogeyman
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How My Naïve Perception of the Economics Profession Eventually Changed
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Tenets of Economic Faith
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Economics as Religion: The Paradox of Self-Interest
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Waging War on Work
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The Dark Side of Monetary Inflation
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In Praise of Speculators
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Chris A: With due respect Nicholas, I think is has zero int...
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Nicholas Freiling: Chris, What effect do you think economic inter-...
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David: Doesn't the Fed increase the money supply by purc...
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