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The Federal Reserve has created so much base money that it has found itself between the devil and the deep sea: choosing whether to let the money circulate in the economy, thereby pushing up prices, or to remove this money quickly, thereby potentially creating a deflationary spiral.READ MORE
Students don’t learn enough economics, neither as a subject nor as a way of thinking across the curriculum. AIER was proud to co-sponsor and partner on an event last week with two organizations working to change that fact: the Foundation for Teaching Economics (FTE), and the Economic Education Center at Lindenwood University’s School of Education in St. Charles, Missouri.READ MORE
“We should not claim for liberalism,” Robbins insisted, “that the world it could produce would be perfect.… But we may claim that, with all its deficiencies, it would still provide a safeguard for happiness and spontaneity more efficient than any other which has yet been suggested.”READ MORE
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