“Price controls do not stop inflation; they only make things worse. If prices are going up, it’s either because monetary policy is too loose or because the economy suffered a decline in productivity.”
“Let us review this evidence to better understand why, again, we can dismiss the type of deflection that President Macron is attempting to do.”
“Had we used the true price index, we would have found a larger contraction due to lockdowns. That means that we understated the cost of lockdowns.” ~ Vincent Geloso
“The Human Progress Index (HPI), amalgamates eight important indicators of well-being from 1990 to 2018: infant mortality, life expectancy, nutrition, deaths from outdoor air pollution, schooling, political liberty, internet access and GDP per capita.” ~ Vincent Geloso
“These proportions suggest that the collapse of the USSR was an incredibly cheap climate-change mitigation ‘policy.’ Indeed, the mitigation was itself a benefit to economic growth rather than a cost.” ~ Vincent Geloso
“If there are strong signs of association between a President’s deficit spending and his rank, then we can speak more robustly as to whether historians are letting their political priors bleed into their research.” ~ Vincent Geloso
“The wealthier we are, the easier it is to tackle the ‘hard’ health issues. ” ~ Vincent Geloso
“No politician needs to bribe a journalist. All that is needed is a politician’s power to sculpt the shape of the news market in ways that are to his advantage.” ~ Vincent Geloso
“A large portion of the gap (but not all of it) is due to unique features of American life that are unrelated to health care services.” ~ Vincent Geloso