Economic Policy

Displaying 61 - 70 of 164

Bastiat Predicted the Baby Formula Crisis 170 Years before It Happened

Economic PolicyPrice ControlsProtectionism and Free Trade

Blog06/04/2022

Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.

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Government Spending Is the Real Tax; Deficits Are a Sideshow

Economic PolicyProgressivismFiscal Theory

Blog05/26/2022

While politicians claiming to be "fiscally responsible" call for balanced budgets, the real drag on the economy is government spending itself.

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Massive State Economic Intervention Has Led to This Point

Economic PolicyInflationUnemploymentWar and Foreign Policy

Blog05/19/2022

Everything from huge Keynesian "stimulus" policies to the war in Ukraine is dovetailing in a bout of stagflation: the simultaneous growth of inflation and unemployment.

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Stagflation Comes from Exorbitant Money Creation and Unhampered Government Spending

Economic PolicyInflationKeynesMonetary Theory

Blog05/11/2022

The Keynesian "stimulus" policies were suppose to reinvigorate the economy. Instead, they have brought stagflation.

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And Now for a Really Bad Response to Political Calamity: Autarky

Economic PolicyProtectionism and Free Trade

Blog04/06/2022

The world is in chaos, so politicians MUST do something. Hence, they demand autarky, which is like attempting to put out a fire by pouring gasoline on it.

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How Free Markets Have Improved Life for India's Dalits

Economic PolicyFree MarketsPoverty

Blog03/07/2022

Critics of free markets claim that capitalism causes poverty. After economic restrictions against India's Dalits caste were lifted, many Dalits were able to secure a better life and rise from poverty.

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The American Rescue Plan: Limits of the Highly Visible

Booms and BustsCronyism and CorporatismEconomic Policy

Blog05/01/2021

In the long run, economic stimulus creates no shortage of losers. The state’s objective is always to extract as many eggs from the golden goose as possible, only now it's not important to keep the goose alive.

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Why Is Economic Journalism So Bad?

Economic PolicyFinancial MarketsU.S. EconomyMonetary TheoryMoney and Banking

Blog03/16/2021

The financial press gives us the what, when we need the how and why. Economic journalism needs a reset.

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Economics in One Lesson Is Still the Best Layman's Intro to Economics

Economic Policy

Blog03/04/2021

Hazlitt takes on a humble objective: to deliver an “unblushingly ‘classical,’ ‘traditional,’ and ‘orthodox’” synthesis of economics. This is the most fitting way to approach the layman, who will only retain a few lessons from an introductory book. 

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Deflation Doesn't Undo the Problems Caused by Past Inflation

Economic PolicyInflationPlanning

Blog12/05/2020

A deflationary policy is just another type of intervention and in this sense it sets in motion a different form of the misallocation of resources.

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