Stagflation in the Disco Era

The 1970s brought low levels of economic growth. It is appropriate to look back upon those days today. In this issue of the Harwood Economic Review we are again looking back to the ‘70s, as the worrisome prospects of increasing costs of living amid slowing economic growth are emerging. And with those, the ugliest word in economics has resurfaced: stagflation.

READ MORE

Is Inflation Back?

Gold will return to monetary preeminence not because it can or should, but because it must. Nixon’s temporary suspension will be exactly that; not because he said so, but rather because at some point there will be no other road forward.

READ MORE

Special Issue on China

“The United States and China are beginning to compete more closely all around the world, and collisions of interest are occurring more frequently. This issue is dedicated to US-China topics.” ~AIER

READ MORE