Tag Archives: inflation

Taxing and Spending

In Chapter 16 of Foundations of Economics Shawn Ritenour gives a detailed discussion of the economic impact of taxation and government spending. Government participates in the monetary economy because it is the most efficient way for it to secure the … Continue reading

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Macroeconomic Policy

In Chapter 14 of Foundations of Economics, Shawn Ritenour discusses macroeconomic policy, focusing on the monetarist and Keynesian schools. He first outlines their tenets and then explains why he considers each a flawed approach to the questions of inflation and … Continue reading

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Inflation and Recession

Chapter 13 of Shawn Ritenour’s Foundations of Economics marks a significant change in the author’s approach. Up to this point, the discussion of economic phenomena has been purely descriptive. Ritenour follows Ludwig von Mises in arguing that economics as a … Continue reading

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5 Ways to Beat Inflation Now

The writing is officially on the wall after the Standard & Poor’s bond rating agency downgraded the U.S. government’s credit outlook to “negative” yesterday. The stock market stumbled on the news, and we may get higher interest rates sooner rather … Continue reading

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