Sunday, May 6th, 2018

A distinction between theoretical and empirical price levels is useful for articulating why one might prefer a nominal-GDP-level target to a price-level target. 

Monday, February 26th, 2018

The available evidence suggests that it is painful to lower inflation rates—and that pre-commitments do little to mitigate those costs.

Saturday, February 10th, 2018

The news has been packed with fake economics for the weeks since the correction in stocks began. Story after story has claimed that rising wages could translate into higher inflation, setting off fear and trembling on Wall Street. These claims have caused anyone with contemporary economics knowledge to slap their heads with exasperation. This is precisely how fallacy lives on and on: it keeps being reported by journalists who don’t know better.

Friday, September 22nd, 2017

Just how much will peoples’ attitudes have to change to allow widespread adoption of a private cryptocurrency like Bitcoin or Ethereum?

Thursday, September 7th, 2017

Nothing raises Americans’ ire more than tax increases, but most of us don’t know that we face a hidden income-tax hike almost every year that the economy grows.

Thursday, July 20th, 2017
Can you name an official at a major central bank who expresses worries that inflation is now, or soon will be, too high?  Can you identify any financial publication--even the Wall Street Journal--that does not report that recent inflation data have been "disappointing?" To paraphrase former Presiden
Wednesday, July 12th, 2017

The Fed will try to reduce its balance sheet very, very slowly.

Monday, July 3rd, 2017

In the fall of 1974, AIER founder E.C. Harwood wrote a letter to President Gerald Ford.

Wednesday, June 1st, 2016

What is inflation?
What comes to mind when you think of inflation? It might be higher prices, less affordability, and something bad that we want to avoid. Yet more expensive goods, which would be seen as a negative for consumers, can be a plus for sellers, as they can charge higher prices.

Friday, July 18th, 2014
Today’s T.E.A. party adherents have it right. We are Taxed Enough Already! So why is raising the inflation tax gaining popularity with policymakers around the world?
Tuesday, October 29th, 2013
Tuesday, September 3rd, 2013
By JEFFREY BELL AND RICH DANKER There is thought to be a pitched battle raging within the White House over President Obama's pick to succeed Federal Reserve Chairman Ben Bernanke when his term expires early next year.
Wednesday, July 10th, 2013
by Alex Chafuen

Central Banks have been tools to destroy rule of law in many countries.

Monday, April 22nd, 2013
by Matt Ridley I have a column in the Times on bitcoins and their implications for private money
Tuesday, March 5th, 2013

Does the Chairman really believe that the Fed will be able to just sit back and watch the money supply unwind itself?