Page 6 - ஸ்டான்போர்ட் பல்கலைக்கழகம் ஹூவர் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
The costs of Biden s big government
onenewsnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from onenewsnow.com Daily Mail and Mail on Sunday newspapers.
Universities Social Justice Agenda Falsely Labels Whites and Christians as Oppressors, Says Professor
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
GUEST COMMENTARY: The costs of Biden s big government
nwitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nwitimes.com Daily Mail and Mail on Sunday newspapers.
That prompted the top central banks to review how they do business, and on Thursday the European Central Bank (ECB) joined the Federal Reserve and the Bank of Japan (BoJ) in pursuing an ambitious reset in hopes of reasserting control.
IT is an article of faith among central bankers that the decisions they make about how much money to create and what interest rate to charge for it will determine the rate of inflation – at least over moderate lengths of time.
For more than a decade that belief has been undermined by inflation that has remained weak despite trillions of US dollars pumped into the world’s biggest economies through quantitative easing programmes and ultra-low interest rates.
A onetime Marxist, economist Thomas Sowell came to his free-market beliefs by way of reflection and observation. But then again, so did two of his mentors, Milton Friedman and George Stigler, who both spoke of having liberal political inclinations in their own student days.
Commentary By
Jason Riley is a senior fellow at the Manhattan Institute and a columnist for The Wall Street Journal.
The following is the second of three excerpts from Jason Riley’s new book “Maverick: A Biography of Thomas Sowell,” about the iconoclastic economist. The book is available here.
When Thomas Sowell arrived at the University of Chicago in the fall of 1959 to begin his Ph.D. studies, economist Milton Friedman had been on the faculty for more than a decade. But Sowell hadn’t gone there to study under Friedman, and the University of Chicago hadn’t been his first choice.