Michael Lucas: How to explain inflation to a liberal

Inflation is not caused by greed, gouging, collusion or protectionism. It is not caused by rabid capitalists attempting to squeeze every last penny out of the consumer, or by ‘animal spirits’ run amuck. Inflation isn’t even an increase in prices! No, inflation is an increase in the quantity of money.

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Portrait of Dave Cieslewicz

Dave Cieslewicz: Harris rallies

Harris did the main thing she needed to do. She came off as presidential. She convinced anyone who had doubts that she could be commander in chief. She passed easily through the narrow window between angry and weak. She did great. And for the last hour of the debate Trump was Trump. He actually wasn’t any worse than he was against Joe Biden but this time the contrast was stark.

Read More »

Michael Lucas: How to explain inflation to a liberal

Inflation is not caused by greed, gouging, collusion or protectionism. It is not caused by rabid capitalists attempting to squeeze every last penny out of the consumer, or by ‘animal spirits’ run amuck. Inflation isn’t even an increase in prices! No, inflation is an increase in the quantity of money.

Read More »
Portrait of Dave Cieslewicz

Dave Cieslewicz: Harris rallies

Harris did the main thing she needed to do. She came off as presidential. She convinced anyone who had doubts that she could be commander in chief. She passed easily through the narrow window between angry and weak. She did great. And for the last hour of the debate Trump was Trump. He actually wasn’t any worse than he was against Joe Biden but this time the contrast was stark.

Read More »