As Murray Rothbard wrote, inflation is not an increase in prices. It is, instead, an increase in the supply of money in
Mark Thornton explains the target as another smokescreen that was originally intended to stabilize monetary policy, currencies, and exchange rates, but has
On April 23, 2003, in South Side Chicago, Reverend Jeremiah Wright cursed America for treating blacks as less than human. Such harsh rhetoric
With Yale economics professor Yusuke Narita suggesting mass suicide—seppuku—as the answer to Japan's rapidly aging demographics, Jeff and Bob take a hard
No good deed goes unpunished claims the old proverb, and twenty-four-year-old YouTuber Jimmy Donaldson’s recent charity act of helping one thousand blind
These days, the Fed and Chairman Jerome Powell are claiming the title of "inflation fighters." The more appropriate moniker should be "inflationists." Original
With all due respect to Niall Ferguson, whom I've heard of, and Huw van Steenis, whom I've not, this tweet is quite
By itself, the end of the petrodollar won't destroy the dollar. But it will continue a trend that weakens both the dollar and
