Economic reasoning consists of sound reasoning applied to economics and free markets.
Goods that a producer does not consumer himself become available to exchange. Because producers consumer only a small portion of what they produce exchange becomes one of the most important functions of a market economy.
Money acts as a medium of indirect exchange. Banking represents the process through which most economies conduct most money transactions.
Market intervention consists of the interference with the natural process of exchange. Intervention comes mostly from government. It leads to less efficient allocation of economic resources and the loss of liberty.
Commentaries from myself and others about current economic news and issues.
This website uses a lot of resources that do not appear, or are not evident, in the pages posted on the site. You can access these resources in this section.
Several of the presentations of concepts on this website contain a great deal of detail—likely more than many readers would like to digest. I have placed those presentations in a separate addenda, accessible from the primary pages as well as this addenda.