Binder's "Shock Values" Named WSJ Top 10 Book of 2024
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
Dynamism and Stagnation: An Outlook
Flexibility and responsiveness are particularly important during periods of shock.
Recent Patterns of New Business Creation
The pandemic surge of new business entries highlights American entrepreneurial dynamism.
%20(1).webp)
.webp)
Europe Faces Green Energy Immiseration. Trump Is About to Offer It a Lifeline
Green ideology is deindustrialising the UK and the Continent. America is embracing a more abundant future.
Saving Free Markets in America
American markets are under siege by interventionists on both the left and the right.
.webp)
Should We Believe the Economic Data or Americans’ “Lyin’” Eyes? The Answer Is Yes.
Many Americans are convinced that the economy is ailing and that life is financially tougher today than a decade—or a generation—ago.
