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Robert Hughes

Retail Spending Posted a Modest Gain in November

“Retail sales rose in November, hitting another record high and sustaining upward pressure on prices. However, there may be early signs of easing pressures in the not-too-distant future.” ~ Robert Hughes

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Nicolas Cachanosky

How Much Can the Supply Chain Explain the Rise of Inflation?

“Once we move from the realm of small price level movements to a more permanent and higher inflation rate scenario, it is more likely that the source of the rise in the price level is on the monetary side—even if the government doesn’t want to admit it.” ~ Nicolás Cachanosky

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Daniel Fernández

Covid-19 Economic Zombification

“Markets are now extremely complacent. Zombie companies, which were already a problem in 2019, have not been killed off; indeed they have multiplied. The zombie apocalypse could be closer than we imagine.” ~ Daniel Fernández

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Donald J. Boudreaux

On Hayek’s “Kinds of Order in Society,” Part II

“There are two kinds of order in society. It’s time we stopped glorifying and overestimating one, and ignoring the reality, or discounting the marvels, of the other.” ~ Donald J. Boudreaux

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