Topic: Crisis

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

Crisis, Government, Science

Are You in a State of Emergency? Mid-July 2022 COVID Threat-Free Update

– July 19, 2022

“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

Crisis, Economic History, Government

Liberty and the Power of the Purse

– July 19, 2022

“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

Crisis, Economic History, Energy, Free Markets

End the Gasoline Crisis: Try Motivation by Love, Not Fear

– July 18, 2022

“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

Crisis, Inflation, Monetary Policy

Fed Must Act Now to Stop Runaway Inflation

– July 15, 2022

“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