A Perfect Storm of Incentives
It is not yet clear whether history will remember the 2020s more for an outbreak of a deadly virus, or...
Antony Davies
Not Hyperinflation, but Plenty Bad Enough
Since 2012, monthly consumer inflation has averaged (on an annualized basis) less than two percent. Prior to this year, the...
They’re Coming for You
For years, politicians have claimed that the rich weren’t paying their “fair share.” While it’s taken a decade or more...
The Fall of the Dominoes
Inflation, as measured by the PCE (personal consumption expenditures) index, was, on an annualized basis, over 7 percent in March...
