Topic: Economic Education

Books, Economic Education, Free Markets, Socialism

Does Modern Technology Enable Communism?

– January 14, 2022

“Let us hope that one day proponents of communism can find it within themselves to finally listen to Mises and Hayek, free themselves from the chains of planning, and embrace what is truly radical: free markets and a free society.” ~ Kenneth Kalczuk

Economic Education, Government, Monetary Policy

Does Monetary Policy Matter?

– January 13, 2022

“The Fed’s actual performance has not been ideal. Its monetary policy mistakes have had dire consequences for ordinary Americans and the US economy. Those mistakes make it clear that monetary policy matters.” ~ Thomas L. Hogan

Crisis, Economic Education, Fiscal Policy, Government

Stimulus & Wages, What Exactly Happened?

– January 12, 2022

“Going forward, there should be less of a one-size-fits-all approach to such policy, as a more targeted bill would minimize waste of scarce resources, and curtail detrimental consequences, like inflation, to working-class Americans.” ~ Siddharth Gundapaneni

Economic Education, Fiscal Policy, Government, Inflation

Why Deficits Matter

– January 11, 2022

“If we want to argue deficits matter more conventionally, we’ll have to do some more theoretical heavy lifting. The usual aggregate demand stories we tell don’t cut it.” ~ Alexander William Salter

Economic Education, Government, Regulation

The Only ‘Antitrust’ Policy That’s Needed is Freedom of Entry

– January 10, 2022

“Antitrust stymies the competitive process. It does so by substituting the meager knowledge and imaginations of economists, lawyers, courts, bureaucrats, and politicians for the actual, creative head-to-head competition that occurs within markets.” ~ Donald J. Boudreaux

Economic Education, Government, Healthcare, Media

Arizona Republic Report Leaves Out Important Details and Context On Universal Licensing

– January 10, 2022

“Arizona ignited a national trend in breaking down barriers to people of all backgrounds seeking to make an honest living while expanding options and choice for consumers. Universal licensing reform has bipartisan appeal.” ~ Jeffrey A. Singer

Books, Economic Education, Government, Policy

Resolving to Reduce Policy Failures

– January 9, 2022

“Each of these issues–underselling self-government while overselling the state, lax language, numbers you can’t count on, combined with erroneous logic–put public policy on a path toward failure.” ~ Gary M. Galles

Economic Education, Government, Regulation

Let’s “Curb” Our Enthusiasm for Urban Planning

– January 9, 2022

“America does not have the ‘luxury’ of waiting for governments to produce a housing revolution. Instead, by freeing real estate from the boot of urban planners, let’s create the conditions that allow people to thrive!” ~ Isadore Johnson

Central Banking, Economic Education, Financial Markets, Monetary Policy

Forecasting Prices from FOMC Projections

– January 8, 2022

“While the period of time over which the Fed is committed to averaging inflation is not explicit, one might have reasonably expected it to ultimately offset the high inflation associated with the pandemic. Alas, that no longer appears to be the case.” ~ William J. Luther

Books, Central Banking, Economic Education, Monetary Policy

Three Principles for Monetary Institutions: Review of Money and the Rule of Law

– January 7, 2022

“Money and the Rule of Law questions a lot of things we usually take for granted in the discussion of monetary policy, and makes the case for generality, predictability, and robustness created by strict monetary rules.” ~ Art Carden

Crisis, Economic Education, Environmentalism, Regulation

Self-Defeating Environmental Activism

– January 7, 2022

“Policies should be based on a reasonable standard by which marginal preferences for environmental amenities are weighed against preferences for things like dividends, salaries, innovation, and growth.” ~ Richard Morrison

Economic Education, Media, Monetary Policy

Some Frustrating Economics in the Wall Street Journal

– January 6, 2022

“The Journal is usually a bastion of sound economics. Alas, nobody bats 1.000. If we want an economic ‘return to normalcy,’ we have to get these basics right.” ~ Alexander William Salter