Jim Grant: What the Fed Calls Deflation is Actually Progress
Jim Grant recently appeared on Yahoo Finance and criticized central bankers and economists who fear deflation.
Prices
Displaying 201 - 210 of 512
Getting Interest Rates Right (Is a Job For Markets)
Interest rates are like prices, and the state should not regulate interest rates any more than it should regulate the price of soda. Regulation will lead to overuse of resources, shortages, and distorted markets.
Falling Oil Prices and the Fallout
What does a fall in oil prices mean for our boom - and bubble-based economy?
Diversity in Goals Brings Diversity in Value
Every person has different goals for himself, which means everyone will value differently the means to attain those ends. No central planner can know these goals and values.
Diversity in Goals Brings Diversity in Value
Every person has different goals for himself, which means everyone will value differently the means to attain those ends.
A Critique of Monetarist and Austrian Doctrines on the Utility and Value of Money
From The Review of Austrian Economics Vol. 1, No. 4, 1987.
Should Government Stabilize the Price Level?
Below, Rothbard explains that one reason given in support of a government-regulated monetary system i
Price Deflation and Price Inflation Are Always “Optimal”
Price changes are the solution to a problem, not the problem itself.
