Government has no resources. It can only spend what it’s taken from us first. Yet Keynesian economists (meaning the vast majority of economists) believe government spending boosts economic growth.

Repeat after me, class: Growth does NOT cause inflation. Write it on the blackboard 100 times. For decades, the economics profession has been trying to tell us all just the opposite. They keep ...

How Populism Turned the Road to Housing Act into the Road to Nowhere The Trouble with Trump’s Maritime Action Plan Expert Witnesses Must Be Experts Zombie Net Zero Jimmy Lai’s Free-Market Witness ...

Simulations using a Phillips curve-type relationship provide insights into the importance of demand versus supply for inflation over different periods. The decade of low inflation after the Great ...

New data covering the period since May 2023 have continued to follow the path of a nonlinear Phillips curve that shows the relationship between inflation and a particular measure of labor market slack ...

The bond market is still thinking about monetary policy through a Phillips Curve frame of mind. On the back of a strong employment report Friday, yields on 10-year Treasury bonds surged to a 16-year ...

Log-in to bookmark & organize content - it's free! Rep. Erik Paulsen (R-MN) and former Federal Reserve Chair Janet Yellen discuss the Phillips Curve and the relationship between inflation and the ...