We Still Haven’t Reached the Inflation Finale
Is it too much to hope that the current inflation will "burn out" via similar mechanisms that have reined in inflation in the past?
Is it too much to hope that the current inflation will "burn out" via similar mechanisms that have reined in inflation in the past?
The sanctions against Russia have the potential to spiral into something much larger. Indeed, many governments are using the current conflict as an opportunity to further push "green energy," rearmament, and other big-spending schemes.
The Federal Reserve has created a tsunami of new money, but a tsunami ultimately must crash, and so will the Fed's inflation scheme.
Arguments for equal pay are popular in our body politic, but what happens if some of those arguments are based upon the faulty logic of the labor theory of value?
This essay by Mises reveals that he regarded Edgeworth, not Marshall, as the leading British economist of the late nineteenth century.
As the digital revolution was underway in the mid-nineties, research departments at the CIA and NSA were developing programs to predict the usefuln
Money printing may bring rising wages, but it also brings rising prices for goods and services. And those increases are outpacing the wage increases.
While the battlefield results are mixed, much of the action in the Russia-Ukraine war is happening beyond the warring countries.
It is interesting that the founder and leader of the market monetarists declared in January 2020 that the world was about to enter a "golden age" of low inflation for the Federal Reserve.
Jordan Peterson is turning his eye toward Austrian economics. Unlike the many conservatives who see free market advocacy as some sort of "dangerous fundamentalism," Peterson seems to get it.