​​​Instead of Adding 87,000 IRS Agents...

​​​Instead of Adding 87,000 IRS Agents...
Federal tax forms at the Internal Revenue Service in Chicago on Nov. 1, 2005. Scott Olson/Getty Images
Mark Hendrickson
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Commentary
The egregiously misnamed Inflation Reduction Act of 2022 is hardly anti-inflationary by virtue of the hundreds of millions of dollars in “green energy” subsidies it has authorized. However, some of its proponents—adherents of Modern Monetary Theory—may genuinely believe that the act will reduce inflation.
Mark Hendrickson
Mark Hendrickson
contributor
Mark Hendrickson is an economist who retired from the faculty of Grove City College in Pennsylvania, where he remains fellow for economic and social policy at the Institute for Faith and Freedom. He is the author of several books on topics as varied as American economic history, anonymous characters in the Bible, the wealth inequality issue, and climate change, among others.
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