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Inflation – Page 36 – Pacific Research Institute

Inflation

Business & Economics

Terminating Fiscal Conservatism

“For several years, we kept the budget wolf from the door,” said Gov. Arnold Schwarzenegger in his State of the State Address. “But the wolf is back.” Two days after this speech — January 10 — the governor declared a “fiscal emergency,” forcing the legislature to develop a plan within ...
Agriculture

Bad Biofuel Policy Boosts Asian Inflation

Asia Sentinel (Hong Kong), 19 February 2008 The US decision to divert food crops for motor-fuel is proving a costly mistake – especially for Asia. What has long been predicted – that the US decision to push the use of corn to make biofuel would be a costly mistake – ...
Agriculture

Ethanol craze boosts food prices, world hunger

Pittsburgh Tribune-Review (PA), February 15, 2008 Press Dakotan, February 15, 2008 Billings Gazette (MT), February 12, 2008 Investor’s Business Daily, February 11, 2008 WASHINGTON – The red-hot congressional love affair with the alternative fuel ethanol is starting to leave many supermarket customers feeling mighty blue these days as they pay ...
Commentary

Losing by ‘Saving’

To help close New York’s $4.4 billion budget deficit, Gov. Spitzer has put prescription drugs on the chopping block. His budget proposal for the next fiscal year would axe drug spending by $172 million from the $1.9 billion otherwise expected. The governor describes this as a way “to control the ...
Business & Economics

Government lacks magic bullet to kill recessions

Those who study a country’s economic conditions, mostly macro-economists, track general trends – inflation, unemployment, productivity, comparative strength of the currency, et cetera. But the basics of all these are mostly local matters, all about what happens to you, me, our neighbors, all about what we decide to do with ...
Business & Economics

The Fed Painted Into a Keynesian Corner

Although one sympathizes with Ben Bernanke—after all, it wasn’t his fault that Greenspan handed him an economy rigged with ticking housing and mortgage bombs—the harsh reality is that the Federal Reserve can’t create prosperity. Strip away all the pomp and glamour of “open market operations” and the like, and we’re ...
Business & Economics

State’s economy at year’s beginning

State lawmakers convening on Monday in Olympia will not have to rely on staff reports to tell them how bad the economy is, the evidence is all around them. A few reports they would be wise to read, however, are four released last year that examine the underbelly of the ...
Business & Economics

Terminating Fiscal Conservatism

“For several years, we kept the budget wolf from the door,” said Gov. Arnold Schwarzenegger in his State of the State Address. “But the wolf is back.” Two days after this speech — January 10 — the governor declared a “fiscal emergency,” forcing the legislature to develop a plan within ...
Agriculture

Bad Biofuel Policy Boosts Asian Inflation

Asia Sentinel (Hong Kong), 19 February 2008 The US decision to divert food crops for motor-fuel is proving a costly mistake – especially for Asia. What has long been predicted – that the US decision to push the use of corn to make biofuel would be a costly mistake – ...
Agriculture

Ethanol craze boosts food prices, world hunger

Pittsburgh Tribune-Review (PA), February 15, 2008 Press Dakotan, February 15, 2008 Billings Gazette (MT), February 12, 2008 Investor’s Business Daily, February 11, 2008 WASHINGTON – The red-hot congressional love affair with the alternative fuel ethanol is starting to leave many supermarket customers feeling mighty blue these days as they pay ...
Commentary

Losing by ‘Saving’

To help close New York’s $4.4 billion budget deficit, Gov. Spitzer has put prescription drugs on the chopping block. His budget proposal for the next fiscal year would axe drug spending by $172 million from the $1.9 billion otherwise expected. The governor describes this as a way “to control the ...
Business & Economics

Government lacks magic bullet to kill recessions

Those who study a country’s economic conditions, mostly macro-economists, track general trends – inflation, unemployment, productivity, comparative strength of the currency, et cetera. But the basics of all these are mostly local matters, all about what happens to you, me, our neighbors, all about what we decide to do with ...
Business & Economics

The Fed Painted Into a Keynesian Corner

Although one sympathizes with Ben Bernanke—after all, it wasn’t his fault that Greenspan handed him an economy rigged with ticking housing and mortgage bombs—the harsh reality is that the Federal Reserve can’t create prosperity. Strip away all the pomp and glamour of “open market operations” and the like, and we’re ...
Business & Economics

State’s economy at year’s beginning

State lawmakers convening on Monday in Olympia will not have to rely on staff reports to tell them how bad the economy is, the evidence is all around them. A few reports they would be wise to read, however, are four released last year that examine the underbelly of the ...
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