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CAFE HAYEK

WHY A RECESSION LOOMS FOR THE U.S.

5/4/2022

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Subsidiarity and Family Policy
Andy Smarick | National Affairs
When families struggle, the state's top goal shouldn't be to solve their problems for them; Instead, the state should focus on strengthening the institutions closest to them so that those institutions can strengthen families in turn.
Play By The Rules:  EXAMINING VARIATIONS OF THE TAYLOR RULE
Stagnating Wages?? Michael R. Strain explains
Fed Reserve Actions Global Implications 
explains 
America Is More Fragile Than The Left Understands
by Victor Davis Hanson via American Greatness
Like a stunned adolescent whose reckless incompetence totaled the family car, the Left seems shocked that America proved so fragile after all.
Essays In Honor Of Marvin Goodfriend: Economist And Central Banker
What Causes Economic Growth?
The Federal Reserve has begun taking decisive action to combat inflation. Desmond Lachman explains why the Fed should not overly commit itself to a pre-determined policy course at a time when economic surprises are all too likely to occur. James Pethokoukis discusses how even officials in the Biden administration were reportedly concerned in private about the inflationary risk posed by the $1.9 trillion American Rescue Plan. And James Capretta considers the fiscal implications if the Fed reverses its decade-long reliance on quantitative easing to support the economy.

Lawmakers face a variety of issues related to health care policy. Capretta explores how Medicare’s trust funds are so flawed they could be impeding reforms that would stop the program from pushing the federal government toward a debt crisis. ​
Medicare’s Fiscal Challenges: A Look at the 2022 Trustees Report
James C. Capretta | Bipartisan Policy Center
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    SOLZHENITSYN & HAYEK:  NOBEL PRIZE; BOTH MEN DEFEATED POSITIVISM.

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    An authority on Southwest Asia political economy, and international columnist. covering 'the long war'.


    INSTITUTIONS & CULTURE = MARKETS

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    HOOVER INSTITUTION FRIEDMAN FUNDAMENTALS
    MILTON FRIEDMAN: LIBERALISM
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