Category: Asian

Some economists have suggested that inflation results when the money supply expands faster than the rate at which goods and services are produced. They correctly point out that this expansion of the money supply will generally lead to rising prices. …

The Moral Foundations of Civil Society
by William Röpke
Transaction Publishers, (1948) 1996; xxxvii + 235 pp.

In an earlier column, I discussed Wendell Berry’s stress on land and locality, and. among Austrian school economists, Wilhelm Röpke is most …

According to popular thinking, the government’s definition of money is of a flexible nature. Sometimes it could be M1, and at other times it could be M2 or some other M money supply. M1 includes currency and demand deposits. M2 …

The recent inflationary episodes in the USA have led to the emergence of several different explanations, ranging from overexpansion of the money supply to supply-side constraints, not to mention the role of rising markups along with price gouging and greed …

On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would mean that after 2027, workers in France would have to work 43 years to qualify for a government pension, instead …