Headlines

“AIER’s Everyday Price Index fell 0.4 in September, driven by falling gasoline prices. An aggressive Fed tightening cycle, consumer pessimism, and fallout from the Russian invasion of Ukraine remain threats to the economic…

"Economics has sometimes been described as 'the painful elaboration of common sense,' and while I don’t think 'painful' is accurate, economics often just applies common sense." ~ Art Carden

Public discourse is at a nadir.

"As the pandemic wore on, many public schools became increasingly similar to the schools that Tooley discovered that parents in India and Africa shunned." ~ Matthew Ladner

When it comes to economic panaceas, there isn’t much new under the sun.

As inflation rises, the range of future outcomes broadens. Consumers rebalance budgets as price changes occur. Producers must now estimate not only the price their goods and services will fetch in the future, but future costs…

"With continuing dollar appreciation the likelihood of trade tensions and protectionism increase, as do the possibilities of organized labor agitation. King Dollar is secure for now, but as in all palaces - intrigues…

The Oracle of Delphi famously said that Socrates was the wisest man in all of Greece because he alone understood how little he actually knew.