Resource Misallocation News Today

The number of messages I received from people, mostly parents, who said they had been terrified to feed their children Cheerios and oatmeal after I wrote about the chlormequat fear-mongering by the EWG was saddening, truly.

Expansionary monetary and fiscal policies have gone into overdrive all over the world since the beginning of the pandemic. This raises the obvious question of how long they can last before another crash follows.