Category Archives: inflation
A rare mea culpa from an economist.
Eamonn Butler of the Adam Smith Institute explains how inflation — the manufacturing of money and credit — changes the shape of the economy into a form that will collapse when the surge of new money and credit comes to … Continue reading
Quotable: Q: You taught with Lord John Maynard Keynes at the same university, did you not? Hayek: I taught at his university while he was advising government. We at the London School of Economics were evacuated to Cambridge for the … Continue reading