Articles
Ignoring the wisdom of J.B. Say will ruin the world
The refusal to accept Say’s simple wisdom is what leads to deficit spending or trading speculative assets forever.
22 September 2025
The refusal to accept Say’s simple wisdom is what leads to deficit spending or trading speculative assets forever.
If South Africa wishes to achieve real, sustained growth, it must abandon the Keynesian fixation on aggregate demand and GDP gimmicks.
In this light money is just the tool we use to exchange value, not the value itself.
Unemployment occurs when there is an oversupply of labour that individuals are willing to provide, in contrast to the number of businesses willing to hire that labour.
Capital isn’t just money sitting in a bank account. It’s real stuff:
Governments cannot “go broke” as households and businesses do, because they can always issue more currency to fund whatever they desire.
To understand why productivity falls, it is important to understand what makes it grow
Wealth – true wealth – isn’t money, but the things we for which we exchange money.
The FMF’s comprehensive Liberty First policy agenda for the new political order.
Modern Monetary Theorists (MMTers) use lots of technical jargon to conceal the asininity of their proposal.