HOT

Why Not Deflation?

This week for Ask an Economist, I have a question from Wilson. Wilson rightly notes the Federal Reserve targets an inflation rate of 2% and wants to know why. Why target increasing prices? Wilson says, If the FED shoots for…

Donald Trump is Right about NATO

As he is wont to do, Donald Trump caused heads to explode among the American political establishment and legacy media when he recalled an encounter he had with an unnamed president “of a big country” regarding the North…