Importance of economic principles
“An overseas experience affords plenty of ways to put the tools and principles of economics students have been taught to work, perhaps the best way to real mastery of ‘street-corner economics.’” ~ Gary M. Galles
Economy
Libertarian conversation – The Problems with Business School
Connor Mortell, a student at the business school at Florida State University, joins us to discuss the good, the bad, and the ugly in business school programs. Even in business schools, fallacies abound. Sponsor: CrowdHealth – – Enter promo code: WOODS.
Groceries and Utilities Push AIER’s Everyday Price Index Up in January
“AIER’s Everyday Price Index rose again in January, driven by increases in the prices for groceries and household utilities. Constraints on production are likely to ease somewhat as new Covid cases decline. However, labor shortages may sustain upward pressure on prices for some time.” ~ Robert Hughes
Death by Inflation or by Interest Rate Hikes?
“If central banks protect the value of the currency, they will create an economic crisis. If they try to avoid the economic crisis, they will destroy the value of the currency and cause a monetary crisis anyway.” ~ Daniel Fernández
Consumer Sentiment Begins 2022 with a Drop
“Consumer sentiment weakened again in January as consumers reacted to Covid and high prices. Some easing of supply-chain issues, policy actions by the Fed, and consumer spending decisions will all contribute to the future pace of economic activity and price pressures.” ~ Robert Hughes