Most Well-Known Economists Got It Wrong In 2023, Here's Why
Discover why top economists missed the mark in 2023. Uncover the complexities and unpredictable factors that challenge market predictions.
Source: forbes.com
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Politics, Not the Market, Makes Banking Unstable
Is fractional-reserve banking inherently unstable? Over at National Review, Edwin Burton, a visiting economics professor at the University of Virginia, argues that the “mismatch between the maturity of the source of funds and the maturity of the use of funds” creates a run-prone system.
Source: cnsnews.com