One of the unfortunate legacies of Monetarism is the belief that the Federal Reserve can manipulate the money supply to ensure “price stability.” Such policies aggravate the boom-bust cycles and undermine the economy.
You May Also Like
Tech News
The new AirPods 4 deliver better sound and voice call quality than prior models. | Photo by Chris Welch / The Verge If you...
Editor's Pick
Marc Joffe In recent posts, I have looked at costly light rail projects in Austin and Minneapolis whose sponsors are seeking federal funding. Not...
Editor's Pick
Vanessa Brown Calder President-elect Donald Trump has signaled an appetite for change with his new Department of Government Efficiency and various cabinet picks. While...
Tech News
Image: Valve Half-Life 2 is getting a major update in celebration of the classic title’s 20th anniversary. In addition to Steam Workshop support directly...