Trusted Economic Perspectives

It’s Money, Not Spending, that Causes Inflation

You don’t have to read or listen for long these days before you hear a politician, pundit, or politically-inclined person say: “Government spending causes inflation.” Don’t get us wrong…anyone who wants to cut the size and scope of government is a friend of ours....

Monetary Policy is Out of Control

The growth of bureaucracy around the world has led to a proliferation of rules. This creates multitudes of problems, one of which is that the state has made understanding what it is doing impenetrable, boring, nuanced, and technical. With vast resources, numerous...

America’s 3.5-Second Miracle

In 1852, Karl Marx said “Men make their own history, but they do not make it as they please; they do not make it under circumstances chosen by themselves, but under circumstances directly encountered and transmitted…