This year, inflation reached levels not seen in 40 years. The Federal Reserve spent most of 2022 trying to undo its runaway money creation in response to the COVID-19 pandemic and getting inflation back down to its 2 percent annual target. Many free market inflation hawks say that is not enough, and are pushing for […]
The post Retro Review: George Selgin, Less Than Zero: The Case for a Falling Price Level in a Growing Economy (Institute of Economic Affairs, 1997) appeared first on Competitive Enterprise Institute.
