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“Inflation is not a one-trick pony, with an easily predictable outcome. Rather, it does several things at the same time. Looking at claims like the eradication of a dollar’s purchasing power is misleading: it is not the case that inflation has ripped off savers by eradicating 97% of their savings’ worth.” ~ Joakim BookREAD MORE
“As Hayek reminded us, ‘We need decentralization because only thus can we ensure that the knowledge of the particular circumstances of time and place will be promptly used’ (p. 524). We’ve been here before. You are more of an expert than you might think.” ~ Jonathan Newman & Anthony GillREAD MORE
On matters concerning modern political parties and the politicians they produce, my natural inclination is to ridicule and disparage both. When pressed to declare an affiliation though, I usually answer “Foxite Whig.” The reference is admittedly obscure. It carries no pretentious expectation of a dark horse victory from an affiliation that does not even exist […]READ MORE
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