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Krugman Cherry-Picks Data to Avoid Inflation Warnings
Leave it to Paul Krugman to try and invalidate Austrian economic theory with a measly 3-year inflation figure: “Austrians…were sure about what would happen as a result: There would be devastating...
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Kontra Krugman
To piggyback on nfreiling’s post, Krugman’s article makes several oversights which only muddy his analysis. First, he relies on the mainstream definition of inflation—a rise in prices. However, a more...
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Economy a little flat? Whip in some inflation!
Sometimes economists make analogies to make policies coherent. I find this by line particularly appetizing, imagining Bernanke as a soufflé chef trying to keep his light dessert fluffy. According to...
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Sources (and Distortions) of Government Revenue
After my post on The Truth About Austerity and hearing some great feedback from Peter in the comments, I deemed it necessary to dedicate a post to explaining the basics of public finance. We at Hans...
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Would a 3rd Round of Quantitative Easing be a Charm?
Would a 3rd Round of Fed Quantitative Easing be a charm? Matthew O’Brien, writing last week for The Atlantic, certainly feels it would be. Those who share his sentiments were disappointed when Fed...
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The Dark Side of Monetary Inflation
Mia over at PragmaticMom.com has posted a great analysis of basic monetary economics over at her blog. I encourage you all to read it. Here’s an excerpt: This is the key question of why the United...
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