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Cognitive Dissonance on Minimum Wages and Maximum Rents
“Many cities are pricey places to live.” That was the opening line and major premise of a recent Los Angeles Times opinion piece advocating that high-cost cities raise minimum wages to mitigate the problem.
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Deflating the Deflation Myth
The fear of deflation serves as the theoretical justification of every inflationary action taken by the Federal Reserve and central banks around the world.
|
Cognitive Dissonance on Minimum Wages and Maximum Rents
“Many cities are pricey places to live.” That was the opening line and major premise of a recent Los Angeles Times opinion piece advocating that high-cost cities raise minimum wages to mitigate the problem.
|
Deflating the Deflation Myth
The fear of deflation serves as the theoretical justification of every inflationary action taken by the Federal Reserve and central banks around the world.
|