Nixonomics in Retrospect: Devaluation and Wage-Price Controls, August 15, 1971
Fifty years ago, July 1971, I wrote “The Case Against Wage and Price Control” and…More
Browsing: Economy
How the Free Market is Doing Public Health Officials’ Jobs
On July 27 of this year, the Centers for Disease Control and Prevention (CDC) released…More
Don’t Stay Home
With the new Delta variant, Covid-19 cases are increasing rapidly across the country (Johns Hopkins…More
Is Inflation Back?
Harwood Economic Review Table of Contents Assessing Potential for Higher InflationJames L. Caton Monetary Control:…More
Ambrose Bierce’s Pro-Freedom Cynicism
The friends of freedom must recognize the verbal charades that sway people to surrender their…More
Manufacturing Output Posts a Solid Gain in July
Industrial production rose 0.9 percent in July, the ninth gain in the last ten months.…More
How Societies Save For an Uncertain Future
Last week I wrote about how money is society’s technology for moving value across time.…More
Total and Core Retail Sales Fell in July
Retail sales and food-services spending fell 1.1 percent in July, the second drop in the…More
Spencer Roane, Enduring Paladin of States’ Rights
Spencer Roane (1762-1822) is one of hundreds of forgotten Founders, men and women (serious, not…More
Are Big Companies Ripping Us Off?
About a year ago, a former student of mine complained to me that they were…More