All Posts Tagged With: "price inflation"

What’s Up with Inflation?

Inflation as measured by the Consumer Price Index (CPI) has been almost nonexistent for several years, though it started creeping higher in the first half of 2011. Yet many prices have been rising at double-digit percentage rates. Are official figures trustworthy? And what of expectations? There is a great deal of buzz right now about inflation [...]

22Jun2011 | Warren C. Gibson | 14 comments | Continued

Henry Hazlitt and the Failure of Keynesian Economics

For four decades, from the mid-1930s to the 1970s, Keynesian economics almost monopolized economic policy in the United States and around the world. The “new economics,” as it was called, was going to assure mankind economic stability, full employment, and material prosperity—all through wise government management of monetary and fiscal policy. So dominant was this [...]

1Nov2004 | Richard M. Ebeling | 38 comments | Continued

Which Is the Best Inflation Indicator: Gold, Oil, or the Commodity Spot Index?

This column developed out of a running debate I’ve had with the editors of the Wall Street Journal and the New York Times. In the financial news, the Times highlights the price of oil as the best indicator of commodity prices and inflationary expectations. The front page of the Wall Street Journal publishes nine prices and indices, including oil and the Dow Jones Commodity Spot Index, to reflect activity in the financial markets.

1Feb1997 | Mark Skousen | 0 comments | Continued

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