Why it is always the government for these things.

May 29, 2023

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Structural inflation or something else. To mainstream Economists, consumer prices are being driven by structural forces such as demographics, oil production, and, of course, government. As Ronald Coase once said, torture the data long enough and it will confess.

Eurodollar University's weekly conversation w/Steve Van Metre

Ronald Coase: Volume Title: Economic Research: Retrospect and Prospect, Volume 3,
Policy Issues and Research Opportunities in Industrial Organization
https://www.nber.org/system/files/chapters/c7618/c7618.pdf

Praxis Finl Publishing: His Warnings On Inflation and QE Were Early and Right. What Worries Robert Kaplan Now?
https://static1.squarespace.com/static/63c0b55f1e77917ba5b2e745/t/6468e7f937e55467ef91f677/1684596737940/Praxis+Sample+6.pdf

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