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“Inflation is not a high price level; it is a persistent increase in the price level. Whether inflation persists depends on what Fed officials do next.” ~ Nicolás Cachanosky
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“Academics, such as Vogel et al., have learned to use these tools to stretch their limited findings into a full-blown rallying cry for their own preferred policies; in this case, socialism on a global scale.” ~ Jessica Rood & Ryan M. Yonk
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“The Biden administration’s actions meant to bolster U.S. national security weren’t enhanced one iota by its tactless mugging of Keysight’s shareholders.” ~ John Tamny
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“Airplane meals, tractors, guitars, and whiskey are the products of human design, but they are the products of human design that are parts of a broader symphony of order and cooperation no one mind is composing.” ~ Art Carden
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“The damage done by politicians and central bankers is not limited to creating moral hazards that contribute to imbalances and distortions. Their policies also perpetuate injustices that are too often blamed on others.” ~ Christopher Lingle
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“Writing such letters is an effective means of making important points sharply, and with a much higher prospect – compared to writing a full Op-ed – of being published in prominent venues such as the Wall Street Journal, the Washington Post, and The Economist.” ~ Donald J. Boudreaux
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“Unfortunately, carefully considering trade-offs remains alien to the calculus of public officials. From utter scarcity to crushing abundance in less than 100 days, the lumber epic is entering a new phase.” ~ Peter C. Earle
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“Although the Fed’s and the banks’ balance sheets have ballooned since the Great Recession, these reserves are less leveraged than they had been under the corridor system, because the IORB interest rate enables banks to earn income without lending.” ~ Robert F. Mulligan
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“The future remains uncertain for Afghanis, but the Taliban may be delivering social scientists important lessons in how rebel groups win power, how effective governance may displace corrupt regimes, and why religion still remains important in the 21st century.” ~ Anthony Gill
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“On this episode of the Authors Corner, Ethan sits down with AIER Senior Fellow Don Boudreaux, who is also a board member at the Mercatus Center, a professor of economics at George Mason University, and the former president of the Foundation for Economic Education.” ~ AIER
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“Economics supplies indispensable mental habits and analytical tools for gaining a better understanding of why and how it is that each of us, every moment of every day, enjoy the fruits of the labors and creativity of literally billions of strangers.”~ Donald J. Boudreaux
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“What monetary competition and the search for a new-and-improved regime does so well is indicate the necessity of money to move value through time and space. That search continues.” ~ Joakim Book
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