Binder's "Shock Values" Named WSJ Top 10 Book of 2024
.avif)
Shock Values: Prices and Inflation in American Democracy by Civitas Senior Fellow Carola Binder was named to The Wall Street Journal's 10 best books of 2024 list.
Read an excerpt from James Grant's review of Shock Values:
"Inflation is always and everywhere a monetary phenomenon,” according to Milton Friedman. Rises in price levels bedevil politicians but are frequently driven by political decisions. Carola Binder’s book ranges from the colonial era to today, chronicling Americans’ many attempts to outsmart inflation. She makes few judgments on policy but gives voice to critics whose ideas, in an age of high deficits, should be heard.
Continue reading the entire article at The Wall Street Journal (paywall).
Carola Binder is a senior fellow at the Civitas Institute. A macroeconomist and economic historian, her research focuses on monetary policy and inflation expectations in the U.S. economy.
Economic Dynamism
The Causal Effect of News on Inflation Expectations
This paper studies the response of household inflation expectations to television news coverage of inflation.
.avif)
The Rise of Inflation Targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.
The Housing Crisis
Soaring housing costs are driving young people towards socialism—only dispersed development and expanded property ownership can preserve liberal democracy.
.jpeg)
America Needs a Transcontinental Railroad
A proposed merger of Union Pacific and Norfolk Southern would foster efficiencies, but opponents say the deal would kill competition.
.jpg)
.jpg)
.webp)
California’s Proposed Billionaire Tax and Its Portents for Normal People
The deeper significance of California's billionaire tax is in how it redefines what it means to own property in the United States.
The Civitas Outlook Energy Symposium
Energy policy in America has become, over the past few decades, one of the most fraught debates in American politics.
.webp)
