Keynes held that the economy can suffer extended periods of high unemployment because of deficient aggregate spending. A contraction in spending results in businesses...
As Central Bank Digital Currencies (CBDCs) continue to gain traction worldwide, I consider it essential to explore the potential downsides and risks they pose...
This article explores the concept of the Great Decoupling, or the supposed discrepancy between increased labor productivity and higher worker wages. Prior to 1970, increases...
Desperate times call for desperate measures. Or tyrannical men do tyrannical things when it comes to propping up paper money whose value is circling the drain....
The Cato Institute’s mission is to originate, disseminate, and advance solutions based on the principles of individual liberty, limited government, free markets, and peace. Within the Center...
The eurozone’s annual price inflation rate hit 5 percent in December 2021 and (as of this writing) the consensus is for 5.1 percent in January 2022. Eurozone...
