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    Latin America: If You Want to Lower Inflation, Avoid Price Controls!

    The recently reelected president of Ecuador, Rafael Correa, wants people to know he is determined to fight inflation through combating “speculation.” A noble goal, to be sure. But the weapons chosen for that battle by President Correa—a PhD economist trained at the University of Illinois—actually will doom his anti-inflation campaign. … More

    Oil Speculation and Other Conspiracy Theories

    The U.S. government is a favorite target among spinners of conspiracy theories. From the Kennedy assasination to the Apollo Moon landing, the government has allegedly been at the heart of dark plots to deceive the public. Washington, however, can spin its own conspiracy theories. Case in point, Tuesday’s announcement by … More