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I
Inflation, Interest Rates, and the Fed’s Next Move – by Dr. Cecil Bohanon and Dr. John Horowitz
- Inflation
May 2, 2025 by christianhartselle
Where is the U.S. economy going, and what should government do to ensure prosperity? A critical player is the Federal Reserve, whose primary job is maintaining a low and stable inflation rate. The Federal Reserve has more or less established a 2% long-run inflation target. In our opinion, it would be very unwise for the […]

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E
Exact economic estimates merit your skepticism – by Dr. Cecil Bohanon and Dr. John Horowitz
- Macroeconomics
April 30, 2025 by christianhartselle
In his new book, Economist Russ Roberts writes about tame and wild problems. Tame problems are well-defined and predictable, and wild problems are loosely defined and unpredictable. The moon landing was a tame problem. Though it was difficult, it was a defined and predictable use of science, engineering, and rational thought. Wild problems are problems […]

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T
This Thanksgiving, there’s plenty to be grateful for – by Dr. Cecil Bohanon and Dr. John Horowitz
- Macroeconomics
April 30, 2025 by christianhartselle
During the dark days of the Civil War and while probably experiencing depression, Abraham Lincoln declared a day of Thanksgiving for the bounties and blessings Providence provided. Many countries and cultures have harvest festivals and thanksgiving feasts to express thanks. Philosophers, religious leaders, and scientists throughout the ages have discussed how gratitude is important for […]

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