For centuries, production in capitalist countries seems to progress in some kind of “cycles”. Every few years, the economy experiences a period of sharp economic…
Author: Ben
Hard money is one of the most well-known monetary terms used in practical discussions. From political discourses on policy decisions to the commentary debates of…
The introduction of Bitcoin to the world ten years ago as a new monetary system sparked new interest in the field of monetary economics. After…
In the previous article, we dealt with the question of what money is, discussing its origins, and nature as a widely observable phenomenon. We saw…
Money is probably the most discussed phenomenon in economic literature. The issue of its origin and nature was extensively discussed in the past by a…
The foundations for the prominent economic theory supporting leading policies worldwide for the last few decades was laid down by the mathematician John Maynard Keynes.…