Price Inflation: Corona vs. QE
High CPI inflation, popular explanations and their problems, and M1 vs. M2.
High CPI inflation, popular explanations and their problems, and M1 vs. M2.
Is it all bad news? There is still entrepreneurship. There is still innovation.
The fact that Social Security's generational highjacking is politically well established doesn't make it ethical. We send private Ponzi scheme organizers to prison for good reason.
There is no clear basis in economics, ethics, efficiency, or fairness for Minimum Wage Laws.
There has been far too much concentration on the form of taxation and not enough on its total amount.
Mises explains why government intervention fails yet continues on.
Forget Jerome Powell's fanciful "soft landing" or the notion that the Fed can pull another rabbit from its hat. The banking system is headed for a crash and monetary authorities likely will make things worse.