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A Geology Insider Explains Why The Global Energy Crisis Is Going To Get Much, Much Worse

A Geology Insider Explains Why The Global Energy Crisis Is Going To Get Much, Much Worse It is becoming clear that we are in far more trouble than we are being told.  In recent months, all forms of traditional energy have become significantly more expensive, and this is fueling price increases all over the planet.  […]

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Who determines prices?

Who determines prices? One of the consequences of the response to the pandemic and the disruption from Brexit is that labour shortages are appearing across the low-paid sectors of the economy.  So much so that even the metropolitan liberal Guardian has begun to wonder whether the benefits of higher wages for the low-paid might outweigh the cost […]

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How Costco Is Masking A 14% Price Jump With Shrinkflation

How Costco Is Masking A 14% Price Jump With Shrinkflation The oldest trick in the retailer book is back. We have previously written about shrinkflation – the “creative” masking of higher prices whereby retailers sell a materially lower amount of products for the ‘same’ price, covering up what is often a significant price increase on […]

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What is Wrong With the Popular Definition of Inflation?

WHAT IS WRONG WITH THE POPULAR DEFINITION OF INFLATION? According to Mises, Inflation, as this term was always used everywhere and especially in this country, means increasing the quantity of money and bank notes in circulation and the quantity of bank deposits subject to check. But people today use the term `inflation’ to refer to […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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