Inflation and Consumer Welfare: Don’t Forget the Supply Side!
Inflation remains elevated. The market doesn’t anticipate it will stay high for very long. But the abnormal price hikes we’ve...
Alexander W. Salter
Constituting Constitutional Economics
Last time we framed the quest for good governance as constitutional political economy in action. Now we’re going to explore...
The Great Inflation Debate Is Missing Why Inflation Matters
The battle between inflation hawks and doves is heating up. The year-over-year change in the Consumer Price Index is 5.4%,...
Is Inflation Really a Problem?
Inflation is the current hot topic in macroeconomics, to the extent anything in macroeconomics can be “hot.” Financial, economic, and...
Enough About Interest Rates!
Monetary policy isn’t about interest rates. It’s about money. Specifically, it’s about the supply of money relative to the demand...
Reining In the Fed
A specter is haunting the Federal Reserve: the specter of political activism. It’s no secret that something strange is happening...
