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Liberal - Conservative
Liberal - Conservative Comparison
Government Deficits and Debts
Ronald Reagan's Great Insight:
Deficits and Debts don't matter
Was he right? (read the Smith family story)
The Invention of Money
in the Smith family
How money is created.
ending in a Gaggle of Whirling Dervishes
A Parable to explain Money and Debt
or get it asA 10-page booklet to read or print.
You need Acrobat Reader to see this.
You probably have it.
If not, get it here (free)
Money and the Money System
Four quick quizzes by William F. Hummel. Each question has immediate answers.
U.S. Currency
Money and Banking
Government Finance
Long Term Investing
These "Hummel links" will take you away.
Use your browser "back" button to return here.
Understanding Money
Understanding Money and the U.S. monetary system is the theme of William F. Hummel's
instructive pages. Money and credit are not easy subjects to master.
If you are seriously interested you will find the articles here very helpful, with points that may surprise you.
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Financial Fundamentalism
Fifteen Fatal Fallacies of Financial Fundamentalism
A Disquisition on Demand Side Economics
William Vickrey -- October 5, 1996
Vickrey, a highly-respected Nobel economist, explains such fallacies as generational accounting.
Inequality of Wealth and Income
An Inquiry into Real-World Economics
a picture for all minds
The Moral Minimum Income
who earned It? who Gets It
Government Bookkeeping
Three Pictures of the Federal Government
political distortions to deceive
The Paradox of Bigger(?) Government
it's not what it seems
Social Security
How Government Trust Funds Really Work
Mark Adkins tells us what to do: "the next time you hear politicians
-- of either party -- discussing "saving the trust funds from
bankruptcy," write a letter to those politicians accusing them of
ignorance or deceit."
Logic in economics
Achronic logic leads us into errors
The Fallacy of the Missing Subjunctive
The odds ain't the only thing in winning
Two Criteria of Poker and Catastrophism
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