Not so long ago the world was worried about deflation, supposedly driven by low-cost imports from China, but also a stagnating economy driven by high levels of private debt. Now central banks are trying their […]
Michael delves into the history of debt and its role in our ever-changing economic structure. He references classical economists like Smith, Mills, Ricardo, and Marx, with their concept of economic rent as unearned income. They […]
Talk by Mario J. Rizzo, Associate Professor of Economics, Director of the Foundations of the Market Economy Program at New York University. Good Introduction by Mark Blyth.
Be the first to comment