When Will The Fed Cut Interest Rates?
The latest data from the Bureau of Labor Statistics confirm that the Federal Reserve has made a lot of progress on inflation. The Consumer Price Index (CPI) grew 2.3 percent […]
Starbucks Doesn’t Want to Talk about the Financial Impact of Plastic Straws Policy
Several weeks ago we asked Starbucks, at its annual meeting, about whether this shift away from straws actually created value for shareholders. Their response? “We have not disclosed the financial […]
Nixon to Now: How the Kitchen Debate Came Home
In July 1959, at the American National Exhibition in Moscow’s Sokolniki Park, Vice President Richard Nixon stepped into a model suburban kitchen and found himself in a now-famous impromptu exchange […]
Central Banks Forgot What Drives Inflation —Tim Congdon Didn’t
Before I review The Quantity Theory of Money: A New Restatement (PDF) chapter-by-chapter, allow me to put things into context. Tim Congdon is the deepest thinker in this field and […]