Unmasking Inflation, Part 2
Is consumer price inflation transitory or persistent?
HOT TOPICS: Ayn Rand | Iran | ICE | Renee Good | Heritage American | Wealth Tax | Mamdani | Jimmy Lai
Is consumer price inflation transitory or persistent?
I see three premises at the core of the progress movement: progress, humanism, and agency.
50 years of stunningly incorrect predictions, climate campaigners, journalists and politicians still hawk an immediate apocalypse to great acclaim by ignoring adaptation.
Those who advocate a world without money advocate an impossible fantasy where nobody would be incentivized to work and rights would be violated as a matter of course.
Science cannot flourish under state direction, funding, and control.
The Fed’s fixation on consumer prices disguises the real inflation rate.
Medical freedom for all would and should include insurance rates and employment contracts that accounted for avoidable risks. And such freedom ends where another person’s reasonable risk ends.
Antitrust blocks the competitive process. It does so by substituting the meager knowledge and imaginations of economists, lawyers, courts, bureaucrats, and politicians for the actual, creative head-to-head competition that occurs within markets.
Federal college subsidies have increased the cost of higher education, lowered its standards, created a labor market glut of graduates expecting “good” jobs because they’ve been to college, and led to a horde of people who can barely repay their college debt.