At the Gwartney Institute, we're very fancy. Still, we wanted to know: What exactly constitutes high art? Is there any substantial difference between the avant-garde and what the rest of us enjoy? Peter walks the Gwartney team through an interesting article purporting to answer this very...
Published 05/06/24
Who's Afraid of Deflation?Everyone hates inflation - where our money is worth less and less over time. However, many economists prefer a limited amount of inflation to a phenomenon that they find even scarier: deflation. What is deflation, where does it come from, and why are policymakers so...
Published 04/29/24