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Archive of posts published in the tag: Amity Shlaes

Why Has Inflation Not Followed Our Debt?

But these explanations leave me uneasy. Without the pain of excessive government debt is there ever an end to it? It seems doubtful that scarcity has been erased from economic reality. The absence of short-term firewalls has historically led to large reconciliations, and it just seems immoral to spend more that you can pay for. In 50 years gold has risen from $35 to $1517.99 an ounce (1/1/20), does anybody care? The dollar is strong, and the American economy is performing better than any other in the world, even if that only provides a low bar.

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Public Workers vs the Public

Amity Shlaes reviews “Government Against Itself: Public Union Power and Its Consequences” by Daniel DiSalvo in the Wall Street Journal: Excerpts: The facts: Public-sector unions are not underdogs. Since 2009, membership in unions such as the American Federation of State,…

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