“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
READ MORE“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
READ MORE“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
READ MORE“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
READ MORE“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
READ MORE“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
READ MORE“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
READ MORE“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
READ MORE“It must be hard to keep people ruled by fear of a variant ‘BA.5’ when the much more worrisome numbers impacting their lives and family are $5 gasoline and 9.1 percent inflation.” ~ Jon Sanders
READ MORE“The colonists ripped the British Empire apart to combat what they considered political slavery, and Southerners tried to do likewise to the U.S. Republic to maintain chattel slavery. Liberty again hangs by the purse strings and by no means must it prevail.” ~ Robert E. Wright
READ MORE“It is time to unleash the market to produce more, rather than excoriate the oil producers. Try some motivation by love, President Biden, not motivation by fear.” ~ Raymond C. Niles
READ MORE“Fed Chair Jerome Powell promised more than six months ago that the Fed would ‘use our tools to make sure that higher inflation does not become entrenched.’ Its actions, however, indicate otherwise.” ~ Thomas L. Hogan
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