Inflation: What did cause it?
Yesterday I looked at popular explanations for America’s current inflationary woes and explained why they weren’t, in fact, its causes. So what did cause it? As I wrote last October,…
In 1980, Nobel prize winning economist Milton Friedman turned TV presenter. Over ten episodes, his PBS program Free to Choose explored the workings of the market economy and explained how free economies and free people were indivisible. After nearly four decades, it remains well worth watching.
John Phelan is an economist at Center of the American Experiment.