The most influential economist of the late 20th century, Milton Friedman, had a revolutionary effect on today’s world. The turn of 1980 marked a rebirth of economic liberalism and monetarism, a departure from the misguided stop-go monetary and Keynesian fiscal policies. The work of Friedman gave free market leaders in Reagan and Thatcher the frameworkContinue reading “Friedman’s Fallacies”
Monthly Archives: August 2022
Inflation Promotion Act?
Faced with the prospect of a tidal wave of Democratic Party losses in the upcoming midterms, the first incoherent President embarked on a mission to pass what he termed the most ‘progressive bill’ since FDR. Slimmed down from the infamous ‘Build Back Better’ bill that featured a series of unfunded spending pledges, the wasteful spendingContinue reading “Inflation Promotion Act?”
Unbearable Unions
Unions. Source of much political and economic instability. The current inflation crisis, reminiscent of the 1970s, brings to light the chaos that they caused during that tumultuous decade. Thankfully, the efforts of successive Conservative and Labour administrations in the UK have limited their powers, relegating the Socialist dystopia of mass unionisation and collectivism to Marx’sContinue reading “Unbearable Unions”
Monetary Tightening? All talk.
Amidst spiralling inflation, Central Banks globally have promised to take the fight with all policies at their disposal. They claim a decade of dovish measures by the ECB, BoE and the Federal Reserve have come to a close. The Great Financial Crisis of 2008 ushered in a wave of unprecedented measures by Central Banks; expansiveContinue reading “Monetary Tightening? All talk.”
Free Marketeer 