BrianWesbury

Econ 101: The Financial Crisis and Danger of Government Intervention

admin — Wed, 08 Oct 2008 12:12:04 +0000

Gary Wolfram, Ph.D.

Ludwig von Mises in a classic 1927 book, Liberalism, wrote that government intervention in markets would lead inevitably to unintended consequences that resulted in further government intervention.

The current financial difficulties are the result of a series of government actions that has culminated in vastly expanded government intervention in the credit markets, which may provide short-term relief but is dangerous in the long run.

Econ 101: Spike in Money Supply Caused Inflation

admin — Wed, 27 Aug 2008 18:00:18 +0000

Gary Wolfram, Ph.D.

Often we see headlines about inflation and hear financial analysts commenting on it. “Good Morning America’s” Chris Cuomo warned on August 21 that “America is waking up to nationwide sticker shock, an unexpected spike in inflation now at a 17-year-high.”

'World News' Sounds Stagflation Alarm

admin — Wed, 27 Feb 2008 21:39:03 +0000

Jeff Poor

There’s nothing scarier than reverting back to the days of yesteryear – when Jimmy Carter was president.