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What Causes Stagflation?
What Causes Stagflation?
Authored by Frank Shostak via The Mises Institute,
In the late 1960’s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to Friedman, expansionary central bank policies set the platform for lower economic growth and a higher rate of inflation (i.e., stagflation). A famous case of stagflation occurred during the 1974-75 period. In March 1975, industrial production fell by nearly 13 percent year-on-year while the yearly growth rate of the consumer price index (CPI) jumped to...
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Apr 18, 2026 / Tyler Durden
Pro-Life Dad Awarded Million-Dollar Settlement Over Biden-Era FBI Raid
Pro-Life Dad Awarded Million-Dollar Settlement Over Biden-Era FBI Raid
Authored by Bryan Hyde via American Greatness,
A pro-life father of seven whose Pennsylvania home was raided at gunpoint by the FBI under the Biden administration has been awarded a seven-figure settlement from the Department of Justice (DOJ).
Fox News reports that Mark Houck, a devout Catholic and pro-life activist, was arrested in 2021 by the FBI and prosecuted for violating the Freedom of Access to Clinic Entrances Act, or FACE Act.
The charges stemmed from an October 2021 incident that took place outside a...
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May 11, 2026 / Tyler Durden
People Are Seeing More Fireballs; Astronomers Can't Explain It...
People Are Seeing More Fireballs; Astronomers Can't Explain It...
Authored by T.J.Muscaro via The Epoch Times,
Just as it faces an annual hurricane season and tornado season, North America is also experiencing an annual “fireball season,” according to NASA.
“From February through April, the appearance rate of these very bright meteors can increase by as much as 10 percent to 30 percent, especially around the weeks of the March equinox,” NASA explained in a statement in late March.
”Exactly why is not known. Some astronomers think the Earth passes through more large debris...
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Feb 21, 2026 / Mises Institute
Entrepreneurship Beyond Politics: Mises Circle in Oklahoma City
This event shows how entrepreneurs are advancing free-market solutions beyond our broken political system, with speakers highlighting real-world alternatives in health care, entrepreneurship, and economic policy.
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