Oil price spikes matter, but the evidence points to excess nominal spending as the primary source of sustained inflation.
Without price signals and profit discipline, inefficiency isnโt a risk โ itโs a guarantee. Persistent higher costs leave taxpayers with the bill.
โข
In “Itโs On You,” Nick Chater and George Loewenstein turn from advocates of โnudging,โ subtle policy efforts to shape behavior without coercion, to critics who see it as ineffective and misleading.
โข
As the Fed prepares for a new chair, the FOMC’s disagreement isnโt the timing of rate changes, but fundamentally different views about what causes inflation.
โข
The ability to direct oneโs attention is an increasingly scarce and valuable practice โ and a prerequisite for meaningful freedom.
Chicagoโs latest deal with its teachers union uses public-school students to advance private agendas.
โข
Beef has jumped 65 percent since 2020, turning a staple into a splurge. From drought-stricken ranches to fast-food menu shifts, beef prices are reshaping how Americans eat.
โข
Just as scarcity can’t be fully conquered, the economic coordination problems that give rise to firms wonโt disappear.
โข
Energy-driven inflation and slowing growth have put the Fed in a difficult position. A look at monetary policy rules shows why holding rates steady may be the most prudent response.
โข
By constantly spending and generating new debt, Congress effectively forces prices to rise and purchasing power to fall, year after year.
Oil price spikes matter, but the evidence points to excess nominal spending as the primary source of sustained inflation.
Without price signals and profit discipline, inefficiency isnโt a risk โ itโs a guarantee. Persistent higher costs leave taxpayers with the bill.
โข
In “Itโs On You,” Nick Chater and George Loewenstein turn from advocates of โnudging,โ subtle policy efforts to shape behavior without coercion, to critics who see it as ineffective and misleading.
โข
As the Fed prepares for a new chair, the FOMC’s disagreement isnโt the timing of rate changes, but fundamentally different views about what causes inflation.
โข
The ability to direct oneโs attention is an increasingly scarce and valuable practice โ and a prerequisite for meaningful freedom.
Chicagoโs latest deal with its teachers union uses public-school students to advance private agendas.
โข
Beef has jumped 65 percent since 2020, turning a staple into a splurge. From drought-stricken ranches to fast-food menu shifts, beef prices are reshaping how Americans eat.
โข
Just as scarcity can’t be fully conquered, the economic coordination problems that give rise to firms wonโt disappear.
โข
Energy-driven inflation and slowing growth have put the Fed in a difficult position. A look at monetary policy rules shows why holding rates steady may be the most prudent response.
โข
By constantly spending and generating new debt, Congress effectively forces prices to rise and purchasing power to fall, year after year.
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