
"Instead of being evidence that markets are 'no longer controlled by competition,' firms raising prices together is evidence of supply and demand at work." ~ Brian C. Albrecht
Georgia is a country at the intersection of Eastern Europe and Western Asia. It was occupied by the Soviet Union in 1921 and remained part of it until 1991. Military service was mandatory in the USSR because the Soviet…
"Nominal income targeting can potentially restore the old-time fiscal religion. Like the classical gold standard, this approach stabilizes total spending in the economy, rendering counter-cyclical fiscal policy…
"It is the individual speaking her innermost feelings. In the words of the famous jazz composition by Norman Mapp, 'jazz ain’t nothing but soul,' and in our world now, we need that individual voice and soul…
"M2 in 2020 and 2021 increased by the largest percentages in the last 60 years. To the surprise of the Federal Reserve (although not everyone), inflation resulted." ~ John Devereux & Gerald P. Dwyer
Each year for Women’s History Month, which has taken place in March since 1987, the National Women’s History Alliance designates a theme. “Celebrating Women Who Tell Stories” is the theme for 2023. Storytelling is a fine…
The 18th-century British cartoonist James Gillray was the first to satirize Napoleon as a “thundering boastful character.” Later in the 20th century, despite Napoleon’s being of average height for his time, the term Napoleon…
"Whether it's Lina Khan at the FTC or Sens. Amy Klobuchar and Elizabeth Warren in Congress, antitrust advocates should take a hard look in the mirror. The only true monopoly within the US marketplace is where these…
"Like Adam Smith, I’d prefer that trade be liberalized gradually as opposed to not at all. But perhaps unlike him, if I were put in front of a button to eliminate immediately all species of economic protectionism, I’d…
In early 2020, Chrystal and Joshua Bernard decided that they would begin homeschooling their four young children at the start of the following school year. Their two oldest children were completing first grade and…
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