Opinion It’s Always About The Money If you’re not following the debate between John Taylor and Alan Greenspan, you’re not paying attention to the central controversy of the present moment. John Hood
News Why the Econ-Pundits Got It Wrong RALEIGH — Well-publicized forecasts of the catastrophic American deflation of 2002, trumpeted by such headlines as “The Deflation Monster Lives” and “Why We Should Fear Deflation,” never materialized, a Pace University economist said at a John Locke Foundation luncheon Friday. Austrian-school economist Joseph T. Salerno refuted the many myths about deflation, including its definition, differing causes, and effects upon the American economy.