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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label inflation cycle. Show all posts
Showing posts with label inflation cycle. Show all posts
Sunday, May 11, 2025

Q1 2025 5.4% GDP: The Consensus Forecast Miss and the Overton Window’s Statistical Delusion

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  The vulgar Keynesian focus on consumption unfortunately tempts politicians to approve “stimulus” measures aimed at pumping up this part of...
Sunday, January 12, 2025

Philippines December 2024 CPI: A Possible Turning Point for the Third Wave of the Current Inflation Cycle?

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  The second mischief is that those engaged in futile and hopeless attempts to fight the inevitable consequences of inflation — the rise in ...
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