Which Economists Should Have Gotten Nobels Before They Died?
aier.org > articleBook Review: Peter Ward's "The Price of Immortality"
aier.org > articleA Drinking Man's Guide to Monetary Policy
aier.org > article...That expression birthed multiple books entitled A Drinking Man's Guide to topics from Scotland to Cambridge, women to marriage. As far as Google tells me, however, there has never been such a guide to monetary policy.... ...Ask Paul Volcker how costly it is to slow inflation once such expectations have been deeply ingrained into the American psyche....
Inflation Fears Send Consumer Sentiment Sharply Lower in Early May
aier.org > article...The preliminary May results from the University of Michigan Surveys of Consumers show overall consumer sentiment fell sharply in early May (see top of first chart)....
Rent Selling Countries are More Corrupt and Less Wealthy
aier.org > article...It's a key theme of "public choice" theorists, who tend to love free markets and constitutionally constrained states. Rent seeking, however, is only the demand side of political favoritism; the less-emphasized supply side -- call it rent selling -- is the real instigator.... ...Only states have the power to create zero-sum political favors, disfavors, and cronies....