Economics

Salsman: No Required Tradeoff Between Inflation Rate and Jobless Rate

It’s No Mystery Why the Fed Sees Low Inflation as a Mystery – The Daily Capitalist The Wall Street Journal reports that Fed head “Yellen Defends Fed Rate-Rise Plan Despite ‘Mystery’ of Low Inflation.” For Yellen, it’s a “mystery” that the U.S. today enjoys,...

The Great Depression and the Role of Government Intervention

Don Watkins has an excellent article on The Great Depression and the Role of Government Intervention over at the Voices for Reason blog. Here is a brief summary: The Myth: An unregulated free market and unrestricted Wall Street greed caused the Great Depression and...