Another reason to end ethanol subsidies and mandates: they spur inflation
The federal government’s years-long love affair with ethanol has cost taxpayers and drivers billions of dollars, while utterly failing to curb the nation’s oil consumption. Later, ethanol was touted as…
Johns Hopkins researchers: lockdowns were a failure
Just two years ago, the nation was about to plunge into an unprecedented series of actions in response to a global pandemic. The most sweeping were a series of lockdowns…
How Team Biden missed inflation
Government officials and economists were very late to the inflation party. They didn’t see it coming, dismissed it when its effects were obvious, and cast blame on the most bizarre…
Inflation begins to dig in
While the Federal Reserve promises it will start taking inflation seriously, likely through a series of interest rate hikes over the year, prices are still going up. And that means…
Inflation galloping ahead according to January data
The producer price index roared ahead in January at double the rate economists forecasted: The producer price index, which measures final-demand goods and services, increased 1% for the month, against the…
Biden wants to turn the Fed into a climate change regulator
Among the many goals of the Biden administration when it came to power was doing something serious about global warming/climate change. Most of those efforts have stumbled in Congress. But…
Wages can’t keep pace with inflation
Among of the biggest losers when inflation starts to rise are workers’ paychecks. Trying to keep wages in line with galloping prices lead to an inflation spiral in the 1970s….
Crypto as an escape route from currency madness
One concept cryptocurrency advocates use to bolster their case for the alternative currencies is how they allow people to work around government meddling. That meddling can take many forms. But…
Cryptocurrency as a tool for defending liberty
With the Federal Reserve bracing itself, and to an extent, capital markets, for a belated assault on inflation, more eyes and interest are turning toward cryptocurrencies as a means to…
Price controls rear their ugly heads
Inflation makes life harder for everyone. It also has a tendency to make some academics a little bit goofy. Consider Prof. Isabella Weber’s op-ed in the Guardian where she says…
