All Posts Tagged With: "price indices"
GDP: Who Needs It?
“For so it is, oh my Lord God, I measure it, but what it is that I measure I do not know.” –St. Augustine Gross Domestic Product (GDP) gets a lot of attention these days. It’s fair game for bloggers, talking heads, perhaps your local barber. While most agree that higher GDP is better than [...]
20Apr2010 | Warren C. Gibson | 14 comments | ContinuedAustrian Inflation, Austrian Money, and Federal Reserve Policy
Richard Timberlake is a retired professor of economics and author of Monetary Policy in the United States: An Intellectual and Institutional History (University of Chicago Press). Joseph Salerno’s essay in The Freeman: Ideas on Liberty, October 1999, extensively criticized the series of three articles I had published in previous issues of the magazine.[1] I find [...]
1Sep2000 | Richard H. Timberlake | 0 comments | ContinuedInflation and Money: A Reply to Timberlake
Joseph Salerno is a professor of economics in the Lubin School of Business at the Pace University. In his reply to my October 1999 Freeman: Ideas on Liberty article, Richard Timberlake fails to address or misconstrues most of the substantive issues I raised in my comment on his earlier three articles. Space constraints, however, permit [...]
1Sep2000 | Joseph T. Salerno | 0 comments | Continued-
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