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What's Inflation?
A conflicting definition Any textbook defines inflation as an ongoing increase in the (general) price level. Put it differently, inflation is when (on…
Nicolás Cachanosky
Jun 20
1
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What's Inflation?
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Sound Money Project: Are Supply Chain Issues Driving Inflation?
Check out my latest at AIER's Sound Money Project
Nicolás Cachanosky
Jun 8
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Sound Money Project: Are Supply Chain Issues Driving Inflation?
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NGDP and Two Errors by the Federal Reserve
With the outbreak of Covid-19 the Fed committed two monetary policy mistakes, not just one (inflation).
Nicolás Cachanosky
Jun 6
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NGDP and Two Errors by the Federal Reserve
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What does racing have to do with income distribution?
Income distribution discussions typically ignore unavoidable dilemmas
Nicolás Cachanosky
May 9
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What does racing have to do with income distribution?
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Dollarization and Foreign Shocks in Latin America
Foreign shocks affect dollarized economies more than countries that have their own central banks... or do they?
Nicolás Cachanosky
May 2
1
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Dollarization and Foreign Shocks in Latin America
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Dollarization: Unnecessary by its Necessary Conditions?
While advocates of dollarization in Argentina recognize that adopting the US dollar as the country’s legal tender currency is not sufficient to end a…
Nicolás Cachanosky
Apr 25
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Dollarization: Unnecessary by its Necessary Conditions?
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Understanding the Disagreement in the Dollarization Debate
It is important to be conscious about assumptions used in different arguments.
Nicolás Cachanosky
Apr 18
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Understanding the Disagreement in the Dollarization Debate
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Dollarization and Lenders of Last Resort
Lessons from dollarized countries in Latin America.
Nicolás Cachanosky
Apr 11
4
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Dollarization and Lenders of Last Resort
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Do Greedy Countries Have Higher Inflation?
My latest on AIER on the Warren-Sanders thesis that inflation is driven by greed. Blaming high inflation on corporate greed has become a favorite…
Nicolás Cachanosky
Mar 14
1
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Do Greedy Countries Have Higher Inflation?
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What Can the US Learn from Argentina’s Inflation?
My latest at AIER on the recent spike of inflation in the US. Maybe there is something the US can learn from Argentina when it comes to inflation: What…
Nicolás Cachanosky
Feb 28
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What Can the US Learn from Argentina’s Inflation?
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MPS 2022 Hayek Essay Contest
The Mont Pelerin Society (MPS) announced its 2022 Hayek Essay Contest for young scholars. Winners will receive a cash award and a travel grant to…
Nicolás Cachanosky
Feb 21
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MPS 2022 Hayek Essay Contest
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MMT, U.S. Inflation, and Supply-chain Restrictions
Can MMT dodge the high inflation challenge using supply chain restrictions?
Nicolás Cachanosky
Feb 7
1
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MMT, U.S. Inflation, and Supply-chain Restrictions
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