Raising interest rates is a necessary but insufficient measure to combat inflation. To reduce inflation to 2 percent, central banks must significantly…
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Lutheran theologian Reinhold Niebuhr attracted numerous followers in postwar America in part because of his attacks on the free market. Perhaps he should…
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On October 10th, Douglas Diamond and Philip Dybvig won the Sveriges Riksbank Prize in Economic Sciences, sharing it with Ben Bernanke “for…
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Whatever you make of it, Trussonomics didn’t detain us long. Liz Truss was appointed prime minister of the United Kingdom on September…
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The common view of inflation is that it is defined as a general increase in prices. Actually, inflation is expansion of the…
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Governments, billionaire elites, and NGOs have a “wonderful” plan for the rest of us called the Great Reset. They need to read…
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This year’s midterm disappointment for Americans hoping the lunacy of the left would undermine the Democrat Party highlights that the very real…
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My previous article demonstrated how the free market solves a boom-bust crisis and is the only solution, its effectiveness depending upon the magnitude…