Inflationary Expectations and Increases in Prices – Any Relationship?

According to many, the key cause of a general increase in prices is inflationary expectations. For instance, if there is a large increase in the prices of oil, individuals, it is held, will start forming expectations for higher inflation ahead. Consequently, individuals will speed up their purchases of goods and services at present thereby raising the demand for goods and services. This, it is held, will set-in motion general increases in prices.

The Hamiltonian AI Curse: How American Tech Learned to Make Its Losses Everyone Else’s Problem

The genius of his 1790 debt assumption was not fiscal, it was psychological. When he forced the federal government to absorb the states’ war obligations at par, speculators who had bought Revolutionary War certificates at ten cents on the dollar suddenly held federal bonds worth face value. They had not bought America out of patriotism. They had a position in it.

When Progress Turns Against Itself: The Rise of Anti-Progress

For more than a century, modern societies have operated on a remarkably persistent assumption: that greater administrative capacity inevitably yields better outcomes. More information, more regulation, more coordination, and more sophisticated planning are widely believed to generate greater prosperity, security, and ultimately greater human progress. This conviction has become so deeply embedded in contemporary governance that it is rarely questioned.