Those who know Wall Street lore sometimes recall that Fed chairman William Miller—Paul Volcker’s immediate predecessor—joked that most Americans believed the Federal…
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Economy
How not to answer the question “Why are carbon taxes unpopular with policymakers and politicians?”
I received the question “Why are carbon taxes unpopular with policymakers and politicians?” from a follower on Twitter recently (give me a…
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The Gary G. Schlarbaum Prize For excellence in research and teaching for a promising young scholar. 2022 Per Bylund2021 Jonathan Newman2021 Karl-Friedrich…
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Relatively free trade and capital mobilization have greatly raised living standards in recent years. Yet those that call themselves globalists are less interested…
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Whenever asked about whether the US will change its policy regarding the conflict in Ukraine, to start pushing for Kyiv to enter…
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Federal protectionism and bailouts makes it easier for US airlines to survive terrible service, such as mass cancellations or when Southwest imposed a…
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Americans typically are told that private enterprise wastes resources while government preserves them. Economic truths turn that canard upside down. Original Article:…
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Top News
Central Bankers Are Poor Archers: The Problems and Failures of Inflation Targeting and Price Stability
Central bankers follow inflation “target” in their pursuit of “price stability.” Not surprisingly, they usually miss their targets — quite badly —…