Topic: Crisis

What Is Juneteenth to All Americans?

– June 19, 2022

“America is a promise, one that has yet to be met. As July 4 commemorates the initiation of that promise, Juneteenth commemorates the work yet to be done, reminding us all that there are still miles to go before we sleep.” ~ Tarnell Brown

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Student-Loan Forgiveness Will Cover Non-Education Purchases, Say, Newer Cars

– June 17, 2022

“The fungibility of student loans means that taxpayers will be saddled with paying for parents’ and students’ non-college purchases. Many professors will, understandably, root for student-loan forgiveness.” ~ Richard McKenzie

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FOMC Projects Even Higher Inflation

– June 17, 2022

“The Fed is not even committed to bringing inflation back down to 2 percent very quickly. The median FOMC member currently projects inflation will remain above target through 2024. We had better get used to high inflation. We will likely be dealing with it for years.” ~ William J. Luther & Morgan Timmann

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Fat Orwell

– June 15, 2022

“With a few discreet kicks he sent the bits of his discarded lunch scattering. Now quiet again, his Fatbit faded to its resting display of the Party slogans. War is peace. Inflation is prosperity. Fitness is fatness.” ~ Jon Sanders

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The Centenary of Ludwig Von Mises’s Critique of Socialism

– June 14, 2022

“Mises was aware of how difficult the task is to defeat collectivism and socialism. In the preface that he wrote for the 1932 second edition of Socialism, Mises said that generations may have to pass for classical liberalism’s victory, and it was for future generations that he had written this book.” ~ Richard M. Ebeling

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No, Putin Didn’t Cause Inflation

– June 13, 2022

“Allowing politicians to blame Putin, corporations, shipping firms, billionaires, insufficient taxation, ‘greed,’ or other tired scapegoats is erroneous and misleading.” ~ Peter C. Earle

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A Time for Reckoning

– June 13, 2022

“We’ve reached the end of the road, and found that the people who must ultimately pay for unlimited government is us. Whether through taxes or inflation, pay we will.” ~ Antony Davies

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Joe Biden’s Gasoline Saga

– June 12, 2022

“The belief that exorbitant prices are good because it means people will change their entire way of life is one of the responses in the Biden administration’s rotation of pat responses to high gas prices, along with such things as blaming Putin and corporate greed.” ~ Jon Sanders

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Putting “Money” Back in “Monetary Policy:” A Response to Dan McLaughlin

– June 11, 2022

“The way we fix things is by carefully diagnosing demand-side and supply-side problems. When it comes to demand, we’re talking about central bank activity. Unfortunately, none of McLaughlin’s four points are in the ballpark.” ~ Alexander William Salter

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Review: Scott Atlas’s A Plague Upon Our House

– June 10, 2022

“Dr. Atlas’ analysis of the US’s COVID-19 response is masterful. This book offers great explanations and evidence to clarify COVID-related misunderstandings and falsehoods. His accounts of working in DC are shocking and enlightening for readers skeptical about federal suggestions on combating the pandemic.” ~ Raymond J. March

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Making Sense of Monetary Policy and the Future of Inflation

– June 10, 2022

“The expansion of circulating currency has diminished to rates comparable to pre-pandemic lows. These factors and the current state of business inventories suggest that inflationary pressures are likely near their limit.” ~ James L. Caton

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Censoring Edward Atkinson, the 19th Century’s Elon Musk

– June 9, 2022

“Despite the similarities between Atkinson and Musk, and the coordination between the ‘Administration papers’ then and today’s mass media echo chambers, there remained lines that the government was not prepared to cross.” ~ Robert E. Wright

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