Low Inflation…Apparently Is A Bad Thing? According to the headline in my local paper;
The headline is a link to the full article, but here are a few “precious” quotes from the article…Sorry to Adam Smith;
“what the global economy could use right now is a dose of higher prices.” [perhaps the authors have not ridden to the gas pumps or shopped at the grocery store lately]
It often amazes me when I find a book written many years ago that still has so much relevance to today. Free to Choose was written over thirty years ago yet addresses many of today’s problems. Written by Milton and Rose Friedman is “A Personal Statement” by two excellent economists and “unravel the mysteries of economics for the man or woman in the street (Wall Street or Main Street).” That quote from the book cover may be a little cheesy, but the Friedmans cover a variety of economic topics in an interesting and understandable manner.