Macroeconomic Monitor
Home / Translation (page 4)

Translation

10 things inflation is to blame for

Andreas Marquardt Inflation, defined as the expansion of the fiat money supply, is a primary evil whenever and wherever it occurs. It is the primary and most overlooked cause of many economic and social problems, including: 1. Inflation causes the economy to be cyclical An increase in the money supply, involving more lending, means that new …

More »

Canada shows it can be done

Janet Nielsen Canada was once a laughing stock when it came to economic freedom. A Wall Street Journal article in the mid-1990s called the country an “honorary member of the Third World” because of its out-of-control debt and government spending. But today, the same country leads the G8 in economic indicators, and …

More »

Life without McDouble

Jeffrey Tucker I'm thrilled when McDonald's hamburgers get the attention they deserve. That's what happened last year, when Stephen Dubner, co-author of "Freakonomics," made the provocative claim that they're the cheapest, most nutritious food in human history. The fact that we dare to reject that claim actually shows how spoiled we are. …

More »

Argentina presents a lesson on how to destroy the beef industry

Paul Kuek We often complain about government and how it makes farming more difficult. But the situation could be much worse. Take Argentina, for example. The country’s producers were some of our biggest competitors just seven years ago.[1] In 2005, Argentine farmers produced more than 3.1 million tons of …

More »

Winter Olympics sports socialism is going out of fashion in the free world

Shika Dalmia The days when countries vied with each other for the national (dis)honor of spending their budgets to host the Olympics – or at least the Winter Olympics – may be fast passing. Why any normal city would even want to host these games is a mystery, given …

More »

The right to reject the State*

Herbert Spencer Let us suppose, for the sake of argument, that, in some Malthusian panic, the legislators pass a law that all children born in the next ten years shall be drowned. Is there anyone who thinks such a law would be justified? If not, there are clearly limits to the power of …

More »

Statistical fallacies - salaries of men and women

Thomas Sowell The political slogan “War on Women” is actually a war on common sense. The statements of many politicians that women earn only 77% of men’s income and that the reason for this is discrimination are nothing more than statistical fraud. Women would definitely be discriminated against if they were doing the same …

More »