On April 25th of this year, our ever-so-competent Treasury Secretary Timothy Geithner was asked on Fox News whether U.S. treasuries could ever lose their AAA rating.
Geithner’s response: “No risk of that.”
Less than four months later and he’s made a Ben… Continue reading
The Keynesian model and the Austrian economic philosophy continue to lock horns. Similar ideas have gone toe to toe for three centuries now trying to explain the business cycle. Thomas Malthus and Jean-Baptiste Say made their case in the 19th century,… Continue reading
Rand Paul, the newly elected Senator from Kentucky, discusses how we can actually balance the budget. First and foremost, he wants to push for a balanced budget amendment to the Constitution. Unfortunately, that will take some time. Other than that,… Continue reading