American Economy, Meet Minimum Wage

December 28, 2020December 29, 2020 ~ Cade ~ Leave a comment

One of the most contentious but also consequential debates in economic policy is on whether or not to raise, maintain, or lower the minimum wage, and by how much. There are a great many arguments that circulate about the minimum wage and its effects on the economy, but few that are backed by meaningful data … Continue reading American Economy, Meet Minimum Wage

Inflation and Debt Monetization

August 3, 2020October 26, 2020 ~ Cade ~ Leave a comment

In the year of the apocalypse 2020, a year fraught with pandemic, war, and economic recession, governments of the world have stepped up their game with respect to 'printing money.' In the month of March, the M2 money stock grew by $1.1 trillion, more than it grew throughout the entirety of 2019. This phenomenon can … Continue reading Inflation and Debt Monetization