Author : TheMoneyIllusion

Facebook Twitter LinkedIn Eventually, I’ll get to price indices. But first, a long boring digression on why I don’t want to be “rich” (but do...

Facebook Twitter LinkedIn Americans remind me of the old song “Yes, we have no bananas”. They really, really like to agree with the assertions in...

Facebook Twitter LinkedIn The future course of the economy always involves a bit of guesswork. But it seems to me that the following two claims...

Facebook Twitter LinkedIn The Financial Times has a story that points to some disturbing features of South African politics: It is the kind of fervent...

Facebook Twitter LinkedIn In a recent post, I listed 6 ways that Trump intends to reduce inflation: Trump has a 6-part plan to bring down...

Facebook Twitter LinkedIn During the golden age of macroeconomics (roughly 1984-2007), many economists understood that interest rates were not monetary policy. After 2008, economists have...

Facebook Twitter LinkedIn Janan Ganesh has an piece in the FT entitled “The Rise of Bleak Chic”. I don’t demand show trials or the ritual...

Facebook Twitter LinkedIn How are leftists working to re-elect Trump? There are almost too many ways to count: 1. Trump was reeling after his candidates...

Facebook Twitter LinkedIn I don’t know. But the possibility is greater than I would have wished to see. Inflation data is often noisy and unreliable,...

Facebook Twitter LinkedIn There are many different types of superintelligence. Some people understand quantum mechanics. Some people are really good at chess. Some people can...