by Victor Canto, Ph.D. | Jan 3, 2024 | Commentary
The following is an edited excerpt of a longer article by Victor Canto, PhD. Please contact us for a copy of the entire article. According to the US Commerce Department, the US economy grew at a 5.2% annual rate during 3Q23. The Biden administration did not waste...
by Victor Canto, Ph.D. | Dec 12, 2023 | Commentary
The following is an edited excerpt of a longer article. Please contact us for a copy of the entire article. Watch any cable channel and invariably it has a segment discussing how President Biden’s job approval rating and the voters’ views on the direction of the...
by Victor Canto, Ph.D. | Oct 24, 2023 | Commentary
Special interest groups spend resources to induce politicians to adopt policies that benefit them without consideration to the well being of other groups. The urge to redistribute is always present in the special interest groups, and we contend that the pressure is...
by Victor Canto, Ph.D. | Jun 26, 2023 | Commentary
The current Fed Chair, Jerome Powell, gave a very succinct description of the Volker Rule and its impact on the US inflation rate in 2020 at Jackson Hole. In the same speech he went on to expand the Fed policy portfolio even though one can argue that the Financial...
by Victor Canto, Ph.D. | Jun 5, 2023 | Commentary
Friedman taught us that inflation is, and always has been, a monetary phenomenon. Too much money chasing too few goods. He also argued that M2 is the appropriate measure of the quantity of money circulating in the economy while real GDP denotes the quantity of goods....
