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The Concept of Inflation

 
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The Concept of Inflation

By: Colin Combs With recent data showing a sharp rise in consumer prices for the month of May, there has been a lot of discussion on price inflation over the past week, in spite of Janet Yellen’s attempt to dismiss this inflation as merely being “noisy.” Some talk about balancing “Good Inflation” against “Bad Inflation”, […]


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Bang for the Buck

By: Colin Combs Last Friday, economics professor Tyler Cowen wrote in the New York Times that “the lack of major wars may be hurting economic growth”. This isn’t the usual Keynesian argument of how war supposedly helps the economy by “boosting spending”, as if the problems of the economy come from consumers not aligning to […]


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The Unseen of Student Loan Forgiveness

By: Colin Combs On Monday, President Obama signed an executive action to cap student loan payments at 10 percent of their monthly income until December 2015. This is continuing the trend of the government attempts at lifting “the burden of crushing student loan debt.” This is yet another situation where the problems created by government […]


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Michigan Minimum Wage Increased

By: Colin Combs Last Tuesday, Republican Gov. Rick Snyder signed a new bill into law that will increase the state’s hourly minimum wage from its current $7.40 until it reaches to $9.25 in 2018. The House voted 76-34 and the Senate voted 24-12, so it passed with an overwhelming majority support. It is truly disheartening […]


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Government Jobs and Broken Windows

By: Colin Combs Rep. Joe Garcia (D – Fla.) has recently come under fire for his comment that “we’ve proved that Communism works.” The relevant quote from the video is here: “So the… safest city in America is El Paso, Texas. It happens to be across the border from the most dangerous city in the […]


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