Money is a commodity accepted by general consent as a medium of economic exchange. It is the medium in which prices and values are expressed. It circulates from person to person and country to country, facilitating trade, and it is the principal measure of wealth.

The Grumpy Economist: Fiscal Inflation.

This is an essay, prepared for the CATO 39th annual monetary policy conference.  It will appear in a CATO book…

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Why Biden Can’t Win On Inflation

It was the summer of 1979, and President Jimmy Carter was up against it. Americans were paying far more for…

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Walter Williams: A Legacy of Liberty

Reprinted with permission from the Online Library of Liberty Professor Walter Williams left an uncomplicated legacy that was grounded in liberty…

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Trudeau Will Freeze the Bank Accounts of All Protestors

Desperate and unwilling to speak directly to the truckers, Justin Trudeau is now vowing to freeze the personal and business…

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How to change the world with data visualisation

“She may look at it because it has pictures.” That was Florence Nightingale’s withering comment, as she sent a report…

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The Grumpy Economist: Portfolios for long-term investors

“Portfolios for long-term investors” is published, Review of Finance 26(1), 1-42. (2022). This standard link works if you have institutional or individual…

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Democrats Helped Build The Social Safety Net. Why Are Many Now Against Expanding It?

Today’s Democrats fancy themselves as the party that trusts the evidence — wherever it might lead. This is why they…

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Harsh Weather Drives a Surge in Utility Output While Manufacturing Posts a Modest Gain

Industrial production jumped 1.4 percent in January, led by a surge in utility output. The gain pushes total industrial output…

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Veritas Exposes FDA | Armstrong Economics

  We have to end the corruption of private organizations donating ANY money to the FDA, NIH, or CDC. We…

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Is inflation worse for the poorest households? Incredibly, we’ve decided it’s fine not to know the answer

What colour is a rainbow? On average, white. And what is the current level of UK inflation? On average, 5.4…

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