Forget the Liquidity Trap—Loose Monetary Policies Cause Recessions
At the heart of Keynesian business cycle theory is the so-called liquidity trap. Contra Keynes, however, economies don’t falter because a sudden increase in the demand for money.
Original Article: “Forget the Liquidity Trap—Loose Monetary Policies Cause Recessions”
This Audio Mises Wire is generously sponsored by Christopher Condon.
0
America Now Has Fewer Emp...
The total number of employed persons has fallen by 66,000 since August of 2023. Moreover, the
Conceptual Clarity in Dis...
Keynesians are known for using obscure and jumbled jargon to explain their fallacious ideas. The hope
Is Artificial Intelligenc...
While the world is abuzz over artificial intelligence (AI), present technologies are limited more than most