The Fallacy of Calls for a “Manhattan Project” to Solve National Economic Challenges
Like the Fed, the ECB Is Still a Long Way from “Normal” Monetary Policy
Interest Rate Tightening Will Cause Even More Economic Destruction
Free Trade vs. Protectionism
Inflation Makes People Poorer (And It’s the Government’s Fault)
The Consumer Price Index (CPI) in the US was 9.1 percent in June.
Is Economic Growth Synonymous with Ecological Destruction? The NYT Gets It Wrong (Again)
According to the New York Times (NYT) article July 17, 2022, “The pioneering economist says our obsession with growth must end,” a major threat to our living standard is the obsession with economic growth. Herman Daly—an economist that has been exploring for more than fifty years the relationship between economic growth and individuals’ living standards—is of the view that the pursuit of economic growth causing ecological harm.
