How Fast Should the Money Supply Grow?
Some economists have suggested that inflation results when the money supply expands faster than the rate at which goods and
How Should a Nation Determine Its Heroes?
Myths are crucial for nations to develop a sense of identity and civic pride. In many countries, national myths are
Concentrate Where the Murders Are Concentrated
One of the principles of good public policy is to focus efforts on understanding social problems and searching for effective
Do Correlations Help Define Money?
According to popular thinking, the government’s definition of money is of a flexible nature. Sometimes it could be M1, and
Röpke Revisited
The Moral Foundations of Civil Societyby William RöpkeTransaction Publishers, (1948) 1996; xxxvii + 235 pp. In an earlier column, I
In Defense of Covid “Price Gouging”
The recent inflationary episodes in the USA have led to the emergence of several different explanations, ranging from overexpansion of
Is Economics a Dead Discipline?
Professor Per Bylund of Oklahoma State University, author of How to Think About the Economy joins Jeff and Bob to
Questioning the Military Necessity of Dropping Atomic Bombs
One of the most devastating moments in American history took place on August 6 and August 9, 1945, with the
Raise the Social Security Age to (At Least)
On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would
Governments Cannot Effectively Regulate Vaccines
It’s theoretically impossible for government to regulate vaccines effectively. To see why, consider the following thought experiment: Imagine you were