by Dan Mitchell | Jun 19, 2024 | Blogs
I don’t like bad monetary policy by central bankers. I especially don’t like bad monetary policy when central bankers refuse to accept responsibility for their mistakes. I’ve already written about blame-shifting by the Bank of England. An even...
by Dan Mitchell | Jun 7, 2024 | Blogs, Monetary Policy
Economists say inflation is the result of bad monetary policy. The Biden White House, however, says inflation is caused by greedy companies. I debunk that nonsensical claim in this excerpt from a recent discussion on Let People Prosper. At the risk of...
by Dan Mitchell | Mar 7, 2024 | Blogs, Europe, Monetary Policy
If you asked a reasonably competent economics student to explain why there was a surge of inflation in the eurozone in 2022, that person presumably would be familiar with Milton Friedman’s wisdom and immediately would investigate whether there was a...
by Dan Mitchell | Nov 27, 2023 | Blogs, Monetary Policy, Taxation
The British economy recently has been hammered by rising prices for the same reason that the American economy and the Eurozone economies were hurt by inflation. Simply stated, central bankers engaged in reckless monetary policy. And the...
by Dan Mitchell | Nov 16, 2023 | Blogs, Economics, Monetary Policy
When Reagan campaigned for the White House, his economic plan was based on four pillars. I wrote a study about those policies for the Club for Growth Foundation and I wanted to answer two questions. First, was Reaganomics successful? Second, should...
