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There is nothing wrong with falling prices

11 May 2017
Economic Theory

There is nothing wrong with falling prices

John Tamny
11 May 2017
According to “The Upshot” column in the New York Times, there’s a problem with cheap goods that needs fixing. It’s … Continue reading “There is nothing wrong with falling prices”

Book review: Philipp Bagus’ “In Defense of Deflation”

15 December 2015
Economic Theory

Book review: Philipp Bagus’ “In Defense of Deflation”

Philip Booth
15 December 2015
The world often seems to be scared of deflation and, arguably, this creates an asymmetric bias towards inflation. For example, … Continue reading “Book review: Philipp Bagus’ “In Defense of Deflation””

Deflating the over-inflated anti-deflation balloon

15 January 2015
Monetary Policy

Deflating the over-inflated anti-deflation balloon

Philip Booth
15 January 2015
With the news that inflation has fallen to 0.5 per cent there are “fears” that we might be about to … Continue reading “Deflating the over-inflated anti-deflation balloon”

Oil prices and inflation

14 March 2011

Oil prices and inflation

G. R. Steele
14 March 2011
Inflation is the process whereby ‘things’ – balloons, tyres, opinions, etc. – wbecome enlarged. Deflation is the reverse process. In … Continue reading “Oil prices and inflation”

Economics on the web (31.12.09)

31 December 2009

Economics on the web (31.12.09)

Richard Wellings
31 December 2009
, featuring Nigel Lawson and S. Fred Singer , is now online (videos)

To a man with only a hammer in his toolkit every problem seems like a nail

1 October 2010

To a man with only a hammer in his toolkit every problem seems like a nail

Philip Booth
1 October 2010
MPC member Adam Posen said in a speech in Hull that we must loosen monetary policy or we are in danger of … Continue reading “To a man with only a hammer in his toolkit every problem seems like a nail”

Economics on the web (31.12.09)

31 December 2009

Economics on the web (31.12.09)

Richard Wellings
31 December 2009
" ●  The IEA’s climate change debate, featuring Nigel Lawson and S. Fred Singer, is now online (videos) ●  Mark … Continue reading “Economics on the web (31.12.09)”

It’s government that gums up markets

14 October 2009
Regulation

It’s government that gums up markets

Philip Booth
14 October 2009
According to Keynes, sticky prices in markets lead to a phenomenon whereby we can get disequilibrium in the labour market … Continue reading “It’s government that gums up markets”

Mixed signals from inflation data

21 May 2009
Monetary Policy

Mixed signals from inflation data

Philip Booth
21 May 2009
A couple of days ago the bogus Consumer Price Index registered a dip to an annual rise of 2.3%. The … Continue reading “Mixed signals from inflation data”

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