Rent Selling Countries are More Corrupt and Less Wealthy
In the field of political economy in recent decades an important and valuable emphasis has been placed on “rent seeking,”...
Richard Salsman
The Impact of Higher Inflation on US Asset Class Returns
Which US asset classes perform best or worst amid periods of high inflation (6% or more)? Answer: commodities perform best,...
The Costly but Deliberate U.S. Labor Shortage
For more than a year, due mainly to illiberal policies associated with Covid-phobia and lockdowns, the U.S. has experienced various...
A Tragic Half Century Without Gold Money
In 2012 a poll taken by the University of Chicago’s Booth School of three dozen academic economists from eight prestigious...
From Fast Growth to No Growth to De-Growth
Increasing prosperity over the course of generations is made possible by what economists refer to, in the short term, as...
Higher Inflation Depresses Equity Valuation
As economists and investors assess the chances that recent, higher U.S. inflation rates will prove transitory or permanent, they should...
Supply-Side Neoliberalism Sure Beats the Alternative
Besides “capitalism,” the two concepts perhaps most reviled by left-leaning intellectuals are “neoliberalism” and “supply-side economics.” These intellectuals harbor an...
