What Should Be Done to Fight Inflation? A U.S. Lawmaker Interviews Two Michigan Economists

“The conversation centered around recent comments by US Federal Reserve Bank Chairman Jerome Powell, and how the Federal Reserve intends to bring our 40-year high inflation rate down to levels prior to 2021.” ~ Dr. Timothy G. Nash

– March 18, 2022

FOMC Projects Higher Inflation

“Fed Chair Jerome Powell’s November statement killed the idea that inflation would be transitory. The most recent projections from the FOMC show how deeply that idea has been buried.” ~ William J. Luther & Morgan Timmann

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Manufacturing Output is Solidly Above Pre-pandemic Levels

“Industrial output rose in February, led by solid gains outside of energy and motor vehicles. However, labor and logistics issues continue while turmoil surrounding the Russian invasion of Ukraine represents a new wave of potential disruptions.” ~ Robert Hughes

– March 17, 2022

It Takes a Village of Bureaucrats to Implement Despotism

“In America today, a decentralization movement is growing, advocating greater local control. Continued erosion of public trust in federal agencies and government experts will hasten that movement.” ~ Barry Brownstein

– March 17, 2022

Housing Permits Remained at a High Level in February but Builder Sentiment Fell in March

“Housing permits were off in February but remain at a solid level. Rising home prices and higher mortgage rates are strengthening headwinds for demand while elevated commodity costs remain a challenge for homebuilder profits.” ~ Robert Hughes

– March 17, 2022

Healing Democracy from the Bottom-Up

“Freedom builds on mankind’s intense yearning for connection. The solution to our fragmented democracy will more likely emerge bottom-up from civil and market society, rather than top-down through politics.” ~ John O. McGinnis

– March 17, 2022

Weekly Initial Claims for Unemployment Benefits Fell Slightly, Remain Very Low

“Weekly initial claims fell slightly and remain at a very low level, suggesting the labor market remains tight. However, the Russian invasion of Ukraine dramatically increases uncertainty.” ~ Robert Hughes

– March 17, 2022

Why Size Matters, Dependency Debilitates, and Markets Must Be Left Alone

“Let’s bring on the capitalists who can promote value creation and who can champion the virtues of voluntary exchange, since this will allow for not only a rebound but a rebirth of the American economic system.” ~ Kimberlee Josephson

– March 17, 2022

Antonio Martino: A Legacy of Liberalism

“He always encouraged and appreciated people who were, so to say, “classical liberal extremists” (including, a long time ago, the present writer). His favorite political philosopher was Anthony de Jasay, whose book The State he loved. That says something.” ~ Alberto Mingardi

Alberto Mingardi 
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– March 16, 2022

Rising Prices Boost Retail Sales in February

“Retail sales rose in February but fell after adjusting for prices. Ongoing labor and materials shortages, turmoil from the Russian invasion of Ukraine, and an impending Fed tightening cycle all raise risks for the outlook.” ~ Robert Hughes

– March 16, 2022

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