Don’t blame Domino’s for altering its $7.99 chicken wings carryout deal from 10 to eight pieces. Blame Washington. Don’t blame Cedar Point, the Mecca for people who worship rollercoasters, for raising its admission fee from $75 to $85 for 2022….
Sound money is the goal of all citizens and free-market economists which is constantly undermined by the federal government and the Federal Reserve. As the French economist Frédéric Bastiat said in 1848, “Once false money (under whatever form it may…
Inflation, a phenomenon based on dishonesty, unsurprisingly finds its enthusiasts dishonestly obfuscating its origins. Jen Psaki, the president’s spokeswoman, informed the media this week that “corporate greed is a big driver of inflation right now.” She singled out the “greed…
The American Farm Bureau Federation estimates a Thanksgiving dinner for 10 at $53.31, a 14 percent increase from last year and by far the most expensive meal in the 36-year history of the holiday survey. Do not blame farmers for…
Joe Biden identifies as the president of Zimbabwe when the mood strikes. The Bureau of Labor Statistics (BLS) reported this week that prices rose year-to-year by 6.2 percent. It isn’t exactly Robert Mugabe. But ain’t Paul Volcker, either. The last…
In January, 2001, America had a balanced budget, low debt, and was at peace. Here, briefly, is what lay ahead: war, financial crisis, civil unrest, massive growth of the federal government, and now severe inflation. Never in the history of…
Nicholas Wapshott, author of Keynes Hayek: The Clash That Defined Modern Economics, has written a sequel. Samuelson Friedman: The Battle Over the Free Market is a joint biography of the lives and work of Nobel Prize winning economists Paul Samuelson…
Wildly excessive federal spending is causing major inflation and shortages, which may lead to a recession and perhaps a financial crisis. Despite the evidence of inflation, Congress is proposing to spend $3.5 trillion on top of the $1.9 trillion COVID…
A recent column by Robert Reich, former U.S. Secretary of Labor, excoriates Republicans for using Chipotle’s recent price increase to insist that “Democrats’ socialist stimulus bill caused a labor shortage and now burrito lovers everywhere are footing the bill.” Chipotle…
