Commentary According to Bank of Canada governor Tiff Macklem, inflation is bad. And while no sum is too great to pay for such insights (in this case somewhere north of a third of a mill, plus benefits), when he says “Look, inflation’s too high and frankly Canadians should be asking us some tough questions” I…
John Robson: Some Tough Questions on Inflation for Tiff Macklem
October 11, 2022
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CanadaFriedrich A. HayekinflationJohn Maynard KeynesMilton FriedmanOpinionTiff MacklemViewpointsWorld
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More Fluff From the Economic Establishment
Commentary One of my pet peeves about the economics profession is how often economists decline to speak truth to power. Any economist worth his salt should have a robust understanding and healthy respect for the unique and oh-so-very important functions of free markets. Yet, in all too many cases, economists compromise sound economic principles to…
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