by Dan Mitchell | Apr 9, 2024 | Blogs, Economics, Keynesian, Monetary Policy
To explain why the “war on cash” is misguided, I have a seven-part series (here, here, here, here, here, here, and here) explaining why it is dangerous to eliminate currency and rely solely on government-provided digital money. Using the...
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...
by Dan Mitchell | Oct 28, 2023 | Blogs, Monetary Policy
I wrote yesterday about the two big reasons that central banks – such as the Federal Reserve in Washington – impose misguided monetary policy. They create too much money because they want to artificially goose the economy with Keynesian monetary policy,...
