It’s the Spending Cliff, Stupid
Washington has once again rescued the citizenry from another disaster of its own design. Yes. At the eleventh hour, …
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The AEA’s Annual Meeting: plus ça change
The American Economics Association, the granddaddy and most prestigious of professional economic organizations, opens its annual meeting in San Diego …
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Iran’s Lying Inflation Statistics
Today, the Central Bank of Iran released its inflation statistics for 2012. Remarkably, despite all of the international notoriety surrounding …
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China: Money Matters
Contrary to what the doomsters have been telling us, China’s economy is not on the verge of collapse. As the …
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President Obama Falls for a Fallacy
In his second inaugural address, President Obama made a series of direct and indirect references to the Declaration of Independence …
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The Tyranny of Confusion: A Response to Prof. Djavad Salehi-Isfahani on Iran
In October 2012, I first reported that Iran had experienced hyperinflation. My diagnosis of Iran’s inflation woes has since drawn …
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