Inflation
-
President Trump is reportedly considering former Godfather’s Pizza CEO and one-time presidential candidate Herman Cain for the Federal Reserve Board of Governors.
-
EconomicsFeaturedGovernment
Austrian Monetary Theory vs. Federal Reserve Inflation Targeting
by Richard Ebeling August 21, 2017Several major central banks around the world, including the Federal Reserve in the United States, have set a goal of two percent price inflation. The problem is, what central bankers are targeting is a phantom that does not exist.
-
EconomicsFeaturedLiberty
Economic Ideas: Jean-Baptiste Say and the “Law of Markets”
by Richard Ebeling June 20, 2017Whatever economic freedom we enjoy in the world today is due, to a great extent, to the ideas and efforts of the classical liberals and economists of the first half of the nineteenth century.
-
EconomicsFeatured
Economic Ideas: David Ricardo on Wealth, Inflation, and Freedom
by Richard Ebeling January 18, 2017David Ricardo (1772-1823) was one of the most influential economic theorists of the first half of the nineteenth century.
-
Economics
Economic Ideas: Inflation, Price Controls and Collectivism During the French Revolution
by Richard Ebeling November 10, 2016Governments have an insatiable appetite for the wealth of their subjects. When governments find it impossible to continue raising taxes or borrowing funds, they have invariably turned to printing paper money to finance their growing expenditures.
-
FeaturedInternet/Telecom
In Venezuela, Net Neutrality Does In Fact Mean Internet Censorship
by Seton Motley May 27, 2016Venezuela is an official Socialist Utopia disaster area. (It would be nice if Team Bernie Sanders and his Democrat cohorts were paying attention – but who are we kidding.)
The United States State Department issued a travel warning back on September 18 (which still appears to be in place). The news, meanwhile, is chock full of horror stories for the people of Venezuela – the victims of full government’s inexorable conclusion. -
Budgets/TaxesFeatured
The Government Must Stop Printing Phoney Money
by Richard Ebeling January 5, 2016If advocates of freedom were to make up a list of New Year’s resolutions for 2016, one of the most important items should be ending government’s monopoly control over money. In a free society, people in the marketplace should decide what they wish to use as money, not the government.