Rob Tarr

Rob Tarr writes for Capitalism Magazine.

Economics and Statistics

An interesting question in economics is the proper role of statistics. Ludwig von Mises is my favourite economist, yet he held that statistics have no valid role in formulating or validating economic theory. It's interesting to explore his reasons. First, Mises held...

Iran Diplomacy Works!

Fantastic news recently! It was widely reported Thursday that a diplomatic solution was finally found regarding the Iran nuke situation! Yes, the three years of apparently useless jibber-jabbering by Europeans has finally paid off big-time! (Shame on me for having...

The Future of Work

The Future of Work

A front page article in the WSJ ("The Future of Jobs", 4/2/04) made a very interesting point: "'If you can describe a job precisely, or write rules for doing it, it's unlikely to survive. Either we'll program a computer to do it, or we'll teach a foreigner to do it,"...

Greenspan, Interest Rates & Inflation

What do low interest rates have to do with causing the government to inflate the money supply?The link between Fed-manipulated interest rates and the money supply is a direct, causal one. The interest rate in question is the 'Fed Funds rate'. This is the rate that...

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