YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: Inflation
  • Yes, college is too expensive—but forgiving student loans won’t fix it

    When I was college shopping back in 2004, the idea of “tuition inflation” wasn’t on my—or most people’s—radar. We knew that college was expensive, of course, but I don’t remember my classmates or our parents thinking there was anything to be done about it other than working hard and, in most cases, taking out massive …

  • Misconceptions about the Gold Standard

    With the faltering dollar and the ascent of Ron Paul’s intellectual influence, the idea of the gold standard has received an increasing amount of attention over the past few years. Naturally, the policy proposal often associated with libertarians has been harshly criticized by those who would prefer the government to have the power to print …

  • Help Students by Ending Student Loan subsidies

    It’s not uncommon to see articles (such as this one from the NY Times) that lament the fact that higher education is becoming less affordable while, at the same time complaining of the plummeting value of a college degree. The familiar refrain for these commentators is that the solution is more loans. In fact, the …

  • Inflation: Worse than the government told you

    “Inflation is under control, and Americans shouldn’t think twice about it.” At least that’s the conventional wisdom — and for a long time, it has gone unchallenged in the public eye. But on February 29, CBS News shed some light on a poorly kept secret: that inflation is far worse than the government lets on. …

  • Clearing Up Some Misinformation, Part 2

    In Part 1 of my commentary, called Clearing Up Some Misinformation, Part 1, I wrote about some of the incorrect characterization’s in President Obama’s speech about free markets and the policies of the 1920s as he addressed Osawatomie High School on December 6, 2011.  I focused on some general terms, such as ‘markets’ and ‘economy’ …

  • We Can Always Print Money to Do That

    This piece was originally published on my personal site here. “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” — Alan Greenspan, August 7, 2011 Is Mr Greenspan the greatest troll alive?  Following this quote, we can only hope …

  • The Dollar’s Dramatic Decline

    Remember back in the good old days when the dollar was king? It was that strong, green piece of paper that the world used for its commerce. It was dependable, and it was backed by the full faith and credit of the United States government, something that everybody believed would ensure monetary supremacy for the …

  • Box Office Inflation

    Is anyone surprised at the enormous amount of revenue being generated at the box office by movies recently?  Well, if you are, you shouldn’t be.  Simply put: prices are up, the dollar is down, and inflation is evident. Let’s take a look at the list of highest-grossing movies in film history.  In the top 20, …

  • Inflation Sparks Food Riots Worldwide

    As the Federal Reserve continues to weaken our dollar with massive bond-buying programs that are intended to stimulate the economy, we should realize how bad inflation is to countries that don’t have developed economies. Sure, inflation is still a problem, but at least in the US there aren’t food riots everyday (not yet at least). …

  • Quit Making Bernanke Look Bad with all Your Inflationary Thoughts

    Chairman of the Fed, Ben Bernanke expects us to believe that our mind power controls the way inflation fluctuates. A recent article in the Freeman Online quoted Bernanke saying, “The state of inflation expectations [by the people] greatly influences actual inflation and thus the central bank’s ability to achieve price stability.” The author of the article has …