Before I review The Quantity Theory of Money: A New Restatement (PDF) chapter-by-chapter, allow me to put things into context. Tim Congdon is the deepest thinker in this field and…
Category:
Economy
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Ronald Reagan is, famously, known for being a free trader, a globalist perhaps, in today’s parlance. He believed very firmly in the importance of American industry but also believed that…
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The main principle of trade policy is make or buy. “Economics” comes from the Greek word oikonomia, deriving from oikos, meaning “house” or “household,” and nomos, meaning “law” or “rule”.…
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The main principle of trade policy is make or buy. “Economics” comes from the Greek word oikonomia, deriving from oikos, meaning “house” or “household,” and nomos, meaning “law” or “rule”.…
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Ronald Reagan is, famously, known for being a free trader, a globalist perhaps, in today’s parlance. He believed very firmly in the importance of American industry but also believed that…
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After slight deflation in March, prices rose again in April. The Bureau of Labor Statistics (BLS) reports that the Consumer Price Index (CPI) increased 0.2 percent last month. Over the…
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After slight deflation in March, prices rose again in April. The Bureau of Labor Statistics (BLS) reports that the Consumer Price Index (CPI) increased 0.2 percent last month. Over the…
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In its first hundred days, the second Trump administration has been anything but usual by presidential standards. From trade wars to an assault on the federal bureaucracy, Trump and his…
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Campaigning for a second term, President Donald Trump committed the United States to sweeping tariffs that have no precedent since the Second World War. Shortly after his inauguration, Trump issued multiple…
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The Everyday Price Index (EPI) rose to 293.8 in April 2025 on the heels of an 0.34 percent gain. This marks the fifth monthly increase in a row for AIER’s…