Crisis | Page 10

Crisis, Government, Inflation, Monetary Policy

The Corrective Contraction

– August 2, 2022

“This mild recession will soon pass. Lower growth due to a higher trend inflation rate can persist forever—and will if the Fed fails to do its job.” ~ William J. Luther

Crisis, Government, Healthcare

Price Controls Hurt Patients, Risk Future Innovation

– August 2, 2022

“If price controls are put in place on new medications, research and development funds will dry up, manufacturers will cease creating new medications, and the hopes of patients seeking new treatments and cures will not exist.” ~ Courtney Quinn

Crisis, Government, History, Inflation

Biden Borrows the Nixon Playbook on Recessions

– August 1, 2022

“The White House’s definitional wordsmithing could not overcome the onset of worsening economic realities in 1974, and its frequent appeals to the NBER determination could not run down the clock against a prolonged recession.” ~ Phillip W. Magness

Crisis, Fiscal Policy, Government

A Way Out

– August 1, 2022

“What’s remarkable is that a plan that makes retirees better off, makes the government better off, and shuts down Social Security without cutting benefits to existing retirees or raising payroll taxes on existing workers would be possible at all.” ~ Antony Davies

Crisis, Inflation, Monetary Policy

Inflation and the Fed’s Failure to Act

– August 1, 2022

“Fed officials must prioritize monetary stability over political objectives such as inequality and climate policy. To simplify its operations, the Fed should consider returning to the pre-2008 corridor system of monetary policy.” ~ Thomas L. Hogan

Crisis, Healthcare, Regulation, Science

Risk Analysis for Children’s Health

– July 28, 2022

“Given that the benefits to children from lowering exposure to any of the FDA or EPA chemicals may be negligible to non-existent, we would likely be better off addressing more serious concerns for children.” ~ Richard Williams

Crisis, Free Markets, Government

Is America in a Recession?

– July 27, 2022

“Traditionally, NBER calls recessions and other phases of business cycles, but only retrospectively, and mostly just for scholars. Nobody actually involved in trading securities or making policy waits for its decisions and voters certainly won’t.” ~ Robert E. Wright

Crisis, Government, Science

When the Turmoil Subsides, We Will Be Living Differently

– July 27, 2022

“The 2020s are turning out to be a transformational decade, profoundly so. When the shaking stops, things will be different, life will be changed.” ~ Llewellyn King

Crisis, Inflation, Monetary Policy

The Race to Tame Inflation Expectations

– July 25, 2022

“If the FOMC thinks inflation should be higher than 2 percent on average, it should adopt a higher inflation target—say, 3 percent—and compensate for periods of excess inflation by also promoting inflation rates below the average target for extended periods.” ~ James L. Caton

Crisis, Economic Education, Government

From Republic to Democracy to Kakistocracy

– July 25, 2022

“So how do we get from a republic to a democracy, and how does democracy become a kakistocracy during a period when democracy is so highly praised?” ~ Gary M. Galles

Crisis, Inflation, Monetary Policy

Is the Fed Finally Serious About Inflation?

– July 21, 2022

“Chair Powell has repeatedly claimed that the Fed will use its tools to create price stability. Will he and other Fed officials finally bring inflation back toward their stated two percent target?” ~ Thomas L. Hogan

Crisis, International, Video

What Is Going On In Sri Lanka? (Video)

– July 20, 2022

“Sri Lankans can no longer afford necessities such as food, fuel, and medicine, and citizens are protesting throughout the nation. Kate Wand, host of AIER’s Liberty Curious podcast, discusses the ongoing crisis.” ~ AIER