Civitas Outlook
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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.
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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.
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Ignore 'Open Letters' From Economists
Don’t be swayed by “open” letters signed by well-known and well-respected scholars, experts, professors, and businessmen.

Demystifying the New Deal
Carola Binder reviews False Dawn: The New Deal and the Promise of Recovery, 1933–1947 by George Selgin
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The Betrayed Consumer
Public skepticism of “capitalism” will diminish only when citizens see large firms being disciplined through entry, exit, and consumer choice rather than political ties.

Obamacare Needs Life-Altering Surgery
If you think healthcare is expensive now, P.J. O’Rourke once quipped, just wait until it’s free.
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