Inflation

In nature everything has a cycle. Birth, growth, maturation, death. Everything, including the planets and stars. Nothing stays the same. 

The notion that inflation is harmful is a staple of economic science. But most textbooks underrate the extent of the harm, because they define inflation much too narrowly as a lasting decrease of the purchasing power of money (PPM), and also...

So, take solace chocolate lovers, while higher prices caused by the Federal Reserve are probably here to stay, the market is doing what it can to make sure that everyone has chocolate. 

In 1959, Ludwig von Mises gave lectures on economics in Argentina, where the economy was in steep decline. In the 1920s, Argentina was one of the world's wealthiest countries, but decades of Peronism and inflation started the country on the long road to poverty.

Did Stephanie Kelton correctly predict that government debt would be benign back in May of 2020? Bob and guest Jonathan Newman discuss.

Jordan Klepper: You need to-- you know what you need to do?

On April 10th, the Bureau of Labor Statistics reported figures for the March Consumer Pr

A recent underco

Like so many other places where politicians promise something for nothing, Argentina has imposed rent controls in the name of “affordable housing.” President Milei is doing what he can to repeal these policies.

As artificially low interest rates damage the economy, progressives in Congress demand more of the same. In the vernacular, they want the economy to “take the hair of the dog that bit them.” Of course, this only makes things worse in the long run—which is where we are today.