Dear Capitolisters, As you’ve probably seen, the Biden administration and various Democratic politicians have pivoted from pretending that inflation is NBD to blaming it on greedy corporations raking in record profits at COVID-stricken consumers’ expense. However, the claims of…
Thousands of U.S. companies and millions of American consumers adapted in all sorts of ways.
Labor shortages, supply chain issues, and a rant against daylight saving time.
A system with (far) less government involvement would have produced better results.
There are significant economic, political, health, and environmental costs.
The idea that admission to the WTO fueled China’s rise and the now-famous “China Shock” is a pretty useless narrative.
Americans of all income levels are much wealthier today than we were only a few decades ago.
Inflation may be transitory, but it can teach us a lot about U.S. economic policy.
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