I made a statement in a recent op-ed published at Values and Capitalism that banks do student-borrowers a favor by allowing them to use money in the present pay it back in the future. Considering the nature of some of the feedback I received, I think it is worth exploring in more detail why this…
Ron Paul’s economic philosophy and book End the Fed got some crucial publicity and thoughtful debate on Saturday. Simon Johnson, MIT economist and former IMF chief-economist, wrote in the New York Times economics blog that more people should take Dr. Paul seriously. Unfortunately he advises Dr. Paul promote some very anti-free market, and counter-productive measures.…
