Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control necessary. For this reason all those who wish to stop the drift toward increasing government control should concentrate their effort on monetary policy.
Attribution disputed; shown as originally published.
Other factors also drive regulation.
If this is the degree of inflation planned for in advance, the real outcome is indeed likely to be such that most of those who will retire at the end of the ce…
To rest the case for equal treatment of national or racial minorities on the assumption that they do not differ from other men is implicitly to admit that fact…
It would scarcely be an exaggeration to say that the greatest danger to liberty today comes from the men who are most needed and most powerful in modern govern…
The acid test of monetary policy is its record in reducing inflation. Those who wish to join the debate about the intricacies of different measures of money an…
All my adult life I have seen British governments driven off their virtuous pursuit of low inflation by market problems or political pressures. I was under no …
I think Greenspan is setting the market up for something much more palatable. If you get the Dow back to 6,500 or 6,600, and you take that real speculation out…