Joseph Solis-Mullen

Articles by Joseph Solis-Mullen

In Defense of Defaulting on the National Debt

With the acknowledged national debt now a politically and economically unpayable $30 trillion (in reality, its unfunded liabilities are far greater), Americans should start to become acclimated to the realities of the United States’ eventual, inevitable default.

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Greenspan Would Be Proud: A Lesson in Fed Speak

It has become a familiar sight over the past decade and a half: a supposedly venerable member of the financial elite tells us with utmost calm that what we think we are seeing isn’t really all that bad. The Fed already knows all about it and has already taken all necessary steps. Further, they are monitoring the situation closely and are ready to make any necessary adjustments with ease and alacrity.

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It Just Might Be Time to Listen to the Austrians

While it is sometimes portrayed as a trivial assortment of anecdotes and odd or mistaken experiments, stripped of its hyperbole and properly contextualized, behavioral economics can offer insights to Austrians seeking to optimize their own outcomes.

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Turkey’s Economy Is in Big Trouble

Over the years observers of Turkish politics have become somewhat inured to erratic swings in policy coming out of Ankara. Particularly since the political reforms of 2017, his high degree of control over the primary functions of the state mean President Recep Tayyip Erdoğan faces few hurdles to executing abrupt changes he views as correct or necessary. This lack of any effective institutional check to his authority is, at present, leading the country off an economic cliff.

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