The Fateful Wish for Price Stability
Price stability is a scheme dreamed up by central bankers and other interventionists in an effort to circumvent markets.
Price stability is a scheme dreamed up by central bankers and other interventionists in an effort to circumvent markets.
Market growth can naturally lead to greater inequality. But government interventions often add their own, more insidious brand of inequality.
Piketty’s portrayal of capitalism has not gone unchallenged, and Anti-Piketty collects a number of the most important criticisms of it.
In addition to kicking the can down the deficit road year after year, the federal government employs a variety of tools to mask the true cost of government.