Central bankers want to pull on one lever to lower prices; history shows this might raise them
The belief that higher interest rates will kill inflation remains near sacrosanct across the political divide and, like any religious system, is barely subject to serious empirical scrutiny.
How to get a Dot Coop Domain Name
The world has been slow to understand the value of cooperatives despite what they offer: truly democratic ownership and control over production assets, and free association among workers.
A Modest Proposal for a New and Living Ontology
We need a new kind of thinking. It would involve a break from the absolutism with which we dress up our systems of thought. It would demand that we bring different communities of thinkers together – especially those who have been left on the margins – and get them talking to each other so that we can inch closer to a shared language and a usable history.
Why do people raise prices?
Most people take it as given that printing more money causes inflation, and they can be forgiven for thinking so, as it has been hammered home to them by mainstream economics professors in every econ 101 course the world over for many decades.