Download the slides from this lecture at Mises.org/MU21_PPT_27. Recorded at the Mises Institute in Auburn, Alabama, on 22 July 2021.
Unlike the ongoing price inflation that is typically caused by central-bank expansion of the money supply, the price inflation generated by diminished supplies of goods is a one-shot affair. Original Article: “Is There Such a Thing as Good Inflation?“ This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Historically, meetings of the largest economies in the world have been essential to reach essential agreements that would incentivize prosperity and growth. This was not the case this time. The G7 meeting agreements were light on detailed economic decisions, except on the most damaging of them all. A minimum global corporate tax. Why not an agreement […]