Issue
How Can We Fix Our Inflation Woes?
Analysis: The pandemic didn’t help, but the real problem in our economy is 100 years in the making. And for a solution, less is more.
Americans are rightly perplexed about the current state of the American economy. Some are even asking if we are reliving the 1970s. Gasoline prices are more than double what they were this time last year, and inflation is at a 40-year high. The most recent consumer price index (CPI) is 8.6 percent. The Federal Reserve’s target for inflation? Two percent. We have even started hashing the Misery I
This story is from Common Good issue 09.