Salvation Through Inflation

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Author :
Publisher : Christian Liberty Press
ISBN 13 :
Total Pages : 344 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Salvation Through Inflation by : Gary North

Download or read book Salvation Through Inflation written by Gary North and published by Christian Liberty Press. This book was released on 1993 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Errata slip inserted. Includes bibliographical references and indexes.

Finding Salvation in Christ

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Publisher : Wipf and Stock Publishers
ISBN 13 : 1498273068
Total Pages : 343 pages
Book Rating : 4.4/5 (982 download)

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Book Synopsis Finding Salvation in Christ by : Christopher D. Denny

Download or read book Finding Salvation in Christ written by Christopher D. Denny and published by Wipf and Stock Publishers. This book was released on 2011-05-01 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finding Salvation in Christ brings together some of the most important figures in contemporary theology to honor the work of William Loewe, systematic theologian and specialist in the theology of Bernard Lonergan, SJ. For over three decades Loewe's writings have sought to make classic christological and soteriological doctrines comprehensible to a Catholic Church that is working to integrate individual subjectivity, communal living, and historical consciousness in the wake of the Second Vatican Council. Essays included in this volume assess Loewe's reinterpretation of patristic and medieval Christology from Irenaeus to Anselm of Canterbury, and explain the significance of the theology of Lonergan and Loewe for the fields of soteriology, economics, family life, and interreligious theology. While some recent postliberal theologies have polarized the church's relationship with contemporary culture by minimizing similarities between Christianity and other worldviews, the contributors in this volume continue Lonergan's project of integrating the findings of various intellectual disciplines with Christian theology, and use Loewe's historical and systematic work as a guide in that endeavor. While Lonergan's "transcendental Thomism" has been criticized by both traditionalists and revisionists, essays in this collection apply Loewe's theological methodology in a variety of ways to demonstrate that time-honored doctrines about Christ can be transplanted into new cultural contexts and gain intelligibility and credibility in this process. Having lived and labored through the far-reaching changes in Catholic thought introduced in recent decades, Loewe's career provides a model for theologians attempting to build bridges between the past and the present, and between the church and the world.

Universal Salvation in Late Antiquity

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Publisher : Oxford University Press
ISBN 13 : 0190272848
Total Pages : 537 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis Universal Salvation in Late Antiquity by : Archbishop Michael Bland Simmons

Download or read book Universal Salvation in Late Antiquity written by Archbishop Michael Bland Simmons and published by Oxford University Press. This book was released on 2015-05-26 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study offers an in-depth examination of Porphyrian soteriology, or the concept of the salvation of the soul, in the thought of Porphyry of Tyre, whose significance for late antique thought is immense. Porphyry's concept of salvation is important for an understanding of those cataclysmic forces, not always theological, that helped convert the Roman Empire from paganism to Christianity. Porphyry, a disciple of Plotinus, was the last and greatest anti-Christian writer to vehemently attack the Church before the Constantinian revolution. His contribution to the pagan-Christian debate on universalism can thus shed light on the failure of paganism and the triumph of Christianity in late antiquity. In a broader historical and cultural context this study will address some of the issues central to the debate on universalism, in which Porphyry was passionately involved and which was becoming increasingly significant during the unprecedented series of economic, cultural, political, and military crises of the third century. As the author will argue, Porphyry may have failed to find one way of salvation for all humanity, he nonetheless arrived a hierarchical soteriology, something natural for a Neoplatonist, which resulted in an integrative religious and philosophical system. His system is examined in the context of other developing ideologies of universalism, during a period of unprecedented imperial crises, which were used by the emperors as an agent of political and religious unification. Christianity finally triumphed over its competitors owing to its being perceived to be the only universal salvation cult that was capable of bringing about this unification. In short, it won due to its unique universalist soteriology. By examining a rival to Christianity's concept of universal salvation, this book will be valuable to students and scholars of ancient philosophy, patristics, church history, and late antiquity.

Economics in One Lesson

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Author :
Publisher : Crown Currency
ISBN 13 : 0307760626
Total Pages : 220 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Economics in One Lesson by : Henry Hazlitt

Download or read book Economics in One Lesson written by Henry Hazlitt and published by Crown Currency. This book was released on 2010-08-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

The inflation crisis, and how to resolve it

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Publisher : Ludwig von Mises Institute
ISBN 13 : 1610164261
Total Pages : 198 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis The inflation crisis, and how to resolve it by : Henry Hazlitt

Download or read book The inflation crisis, and how to resolve it written by Henry Hazlitt and published by Ludwig von Mises Institute. This book was released on 1978 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sovereign Wealth Funds

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Publisher : Peterson Institute
ISBN 13 : 0881325759
Total Pages : 219 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Sovereign Wealth Funds by : Edwin M. Truman

Download or read book Sovereign Wealth Funds written by Edwin M. Truman and published by Peterson Institute. This book was released on 2010 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the role of sovereign wealth funds (SWFs) in the global economy and financial system. Sovereign wealth funds are not a new phenomenon in international finance. Governments of a few countries have used similar entities to manage their international financial assets for several decades. Moreover, countries have always held international reserves, and government-owned entities have made cross-border investments for many years. Sovereign wealth funds or their equivalent pose profound issues for the countries that own them with respect to macroeconomic policy and the potential for corruption. They also raise issues for countries that receive SWF investments as well as for the international financial system as a whole because government ownership introduces potential political and economic power issues into the management of these cross-border assets. This study traces the origins of SWFs. It describes the issues raised by these large governmental holdings of cross-border assets for the countries that own them, for the host countries, and for the international financial system. The study lays out what is known about the 50-plus SWFs of various countries. Some countries have more than one such entity, and a sample of government-managed pension funds is included in this analysis because they raise most of the same basic policy issues. Using publicly available information that is provided on a systematic basis, the author has previously developed a "scoreboard" for these funds involving a number of elements grouped in four categories: structure, governance, transparency and accountability, and behavioral rules. The 2008 edition contributed to the development of a set of generally accepted principles and practices, the Santiago Principles, for SWFs by the International Working Group operating under the auspices of the International Monetary Fund. This publication presents an updated scoreboard for an expanded list of funds, evaluates the Santiago Principles, and examines current compliance with those principles. The study also examines the policies of recipient countries and the role of the Organization for Economic Cooperation and Development (OECD) investment codes. Finally, the study discusses the evolving role of SWFs in the context of the global economic and financial crisis and its aftermath and will make recommendations for the policies of countries both managing such funds and those that expect to receive investments from them in the future.

The Inflation Myth and the Wonderful World of Deflation

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119741424
Total Pages : 261 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis The Inflation Myth and the Wonderful World of Deflation by : Mark Mobius

Download or read book The Inflation Myth and the Wonderful World of Deflation written by Mark Mobius and published by John Wiley & Sons. This book was released on 2021-01-26 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: What if everything you’ve learned about inflation is wrong? The Inflation Myth and the Wonderful World of Deflation illustrates our rapidly changing world where constant technological innovation leads to cheaper and better products. These changes are no longer reflected in the ways we measure inflation. Renowned investor and author Mark Mobius persuasively argues that what we believe to know about inflation today does not reflect the reality any longer. It is a myth, a legend, a fable, and, yes, a falsehood for a number of reasons. The Inflation Myth and the Wonderful World of Deflation tackles a number of fascinating topics, including: The political nature of inflation measurement where governments manipulate and exploit inflation numbers to fit their economic programs The extreme difficulty involved in gathering accurate data to measure inflation and the resulting inaccuracy of those measures The error of using currencies to measure inflation when those currencies are continually being debased by the governments who issue them Finally, and most importantly, the advances in technology and automation which are leading to continuously falling costs for goods and services Perfect for anyone with even a passing interest in macroeconomic phenomena or government policies, which are significantly impacting people's everyday lives around the world, The Inflation Myth and the Wonderful World of Deflation provides a remarkably compelling and provocative view of stunning originality.

Rational Expectations and Inflation

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Publisher : Princeton University Press
ISBN 13 : 0691158703
Total Pages : 389 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Rational Expectations and Inflation by : Thomas J. Sargent

Download or read book Rational Expectations and Inflation written by Thomas J. Sargent and published by Princeton University Press. This book was released on 2013-05-05 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fully expanded edition of the Nobel Prize–winning economist's classic book This collection of essays uses the lens of rational expectations theory to examine how governments anticipate and plan for inflation, and provides insight into the pioneering research for which Thomas Sargent was awarded the 2011 Nobel Prize in economics. Rational expectations theory is based on the simple premise that people will use all the information available to them in making economic decisions, yet applying the theory to macroeconomics and econometrics is technically demanding. Here, Sargent engages with practical problems in economics in a less formal, noneconometric way, demonstrating how rational expectations can satisfactorily interpret a range of historical and contemporary events. He focuses on periods of actual or threatened depreciation in the value of a nation's currency. Drawing on historical attempts to counter inflation, from the French Revolution and the aftermath of World War I to the economic policies of Margaret Thatcher and Ronald Reagan, Sargent finds that there is no purely monetary cure for inflation; rather, monetary and fiscal policies must be coordinated. This fully expanded edition of Rational Expectations and Inflation includes Sargent's 2011 Nobel lecture, "United States Then, Europe Now." It also features new articles on the macroeconomics of the French Revolution and government budget deficits.

Problems of Inflation and Unemployment

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Publisher :
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Problems of Inflation and Unemployment by : United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Economic Stabilization

Download or read book Problems of Inflation and Unemployment written by United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Economic Stabilization and published by . This book was released on 1976 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:

21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19

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Publisher : W. W. Norton & Company
ISBN 13 : 1324020474
Total Pages : 448 pages
Book Rating : 4.3/5 (24 download)

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Book Synopsis 21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19 by : Ben S. Bernanke

Download or read book 21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19 written by Ben S. Bernanke and published by W. W. Norton & Company. This book was released on 2022-05-17 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: 21st Century Monetary Policy takes readers inside the Federal Reserve, explaining what it does and why. In response to the COVID-19 pandemic, the Federal Reserve deployed an extraordinary range of policy tools that helped prevent the collapse of the financial system and the U.S. economy. Chair Jerome Powell and his colleagues lent directly to U.S. businesses, purchased trillions of dollars of government securities, pumped dollars into the international financial system, and crafted a new framework for monetary policy that emphasized job creation. These strategies would have astonished Powell’s late-20th-century predecessors, from William McChesney Martin to Alan Greenspan, and the advent of these tools raises new questions about the future landscape of economic policy. In 21st Century Monetary Policy, Ben S. Bernanke—former chair of the Federal Reserve and one of the world’s leading economists—explains the Fed’s evolution and speculates on its future. Taking a fresh look at the bank’s policymaking over the past seventy years, including his own time as chair, Bernanke shows how changes in the economy have driven the Fed’s innovations. He also lays out new challenges confronting the Fed, including the return of inflation, cryptocurrencies, increased risks of financial instability, and threats to its independence. Beyond explaining the central bank’s new policymaking tools, Bernanke also captures the drama of moments when so much hung on the Fed’s decisions, as well as the personalities and philosophies of those who led the institution.

The Coming Economic Earthquake

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Author :
Publisher : Moody Publishers
ISBN 13 : 9780802415394
Total Pages : 0 pages
Book Rating : 4.4/5 (153 download)

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Book Synopsis The Coming Economic Earthquake by : Larry Burkett

Download or read book The Coming Economic Earthquake written by Larry Burkett and published by Moody Publishers. This book was released on 1994 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition of Burkett's bestseller has been expanded to include the Clinton agenda, and discusses the President's new budget package, the NAFTA proposal, and the national health care issue. Burkett is the bestselling author of The Complete Financial Guide for Couples.

How Capitalism Saved America

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Publisher : Forum Books
ISBN 13 : 1400083311
Total Pages : 306 pages
Book Rating : 4.4/5 ( download)

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Book Synopsis How Capitalism Saved America by : Thomas J. Dilorenzo

Download or read book How Capitalism Saved America written by Thomas J. Dilorenzo and published by Forum Books. This book was released on 2005-08-23 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here’s the real history of our country. How Capitalism Saved America explodes the myths spun by Michael Moore, the liberal media, Hollywood, academia, and the rest of the anticapitalist establishment. Whether it’s Michael Moore or the New York Times, Hollywood or academia, a growing segment in America is waging a war on capitalism. We hear that greedy plutocrats exploit the American public; that capitalism harms consumers, the working class, and the environment; that the government needs to rein in capitalism; and on and on. Anticapitalist critiques have only grown more fevered in the wake of corporate scandals like Enron and WorldCom. Indeed, the 2004 presidential campaign has brought frequent calls to re-regulate the American economy. But the anticapitalist arguments are pure bunk, as Thomas J. DiLorenzo reveals in How Capitalism Saved America. DiLorenzo, a professor of economics, shows how capitalism has made America the most prosperous nation on earth—and how the sort of government regulation that politicians and pundits endorse has hindered economic growth, caused higher unemployment, raised prices, and created many other problems. He propels the reader along with a fresh and compelling look at critical events in American history—covering everything from the Pilgrims to Bill Gates. And just as he did in his last book, The Real Lincoln, DiLorenzo explodes numerous myths that have become conventional wisdom. How Capitalism Saved America reveals: • How the introduction of a capitalist system saved the Pilgrims from starvation • How the American Revolution was in large part a revolt against Britain’s stifling economic controls • How the so-called robber barons actually improved the lives of millions of Americans by providing newer and better products at lower prices • How the New Deal made the Great Depression worse • How deregulation got this country out of the energy crisis of the 1970s—and was not the cause of recent blackouts in California and the Northeast • And much more How Capitalism Saved America is popular history at its explosive best.

Tariffs, Blockades, and Inflation

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 0842029605
Total Pages : 156 pages
Book Rating : 4.8/5 (42 download)

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Book Synopsis Tariffs, Blockades, and Inflation by : Mark Thornton

Download or read book Tariffs, Blockades, and Inflation written by Mark Thornton and published by Rowman & Littlefield. This book was released on 2004 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: What role did economics play in leading the United States into the Civil War in the 1860s, and how did the war affect the economies of the North and the South? Tariffs, Blockades, and Inflation uses contemporary economic analyses such as supply and demand, modern market theory, and the economics of politics to interpret events of the Civil War. Simplifying the sometimes complex intricacies of the subject matter, Thornton and Ekelund have penned a nontechnical primer that is jargon-free and accessible. Tariffs, Blockades, and Inflation also takes a comprehensive approach to its topic. It offers a cohesive and a persuasive explanation of the how, what, and why behind the many factors at work on both sides of the contest. While most books only delve into a particular aspect of the war, this title effectively bridges the gap by offering an all-encompassing, yet relatively brief, introduction to the essential economics of the Civil War. This book starts out with a look at the reasons for the beginning of the Civil War, including explaining why the war began when it did. It then examines the economic realities in both the North and South. Also covered are the different financial strategies implemented by both the Union and the Confederacy to fund the war and the reasons behind what ultimately led to Southern defeat. Finally, the economic effect of Reconstruction is discussed, including the impact it had on the former slave population. Thornton and Ekelund have contributed an overdue examination of the Civil War that will impart to students a modern way to better comprehend the conflict. Tariffs, Blockades, and Inflation offers fresh, penetrating insights into this pivotal event in American history.

Dying of Money

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Author :
Publisher : Dog Ear Publishing
ISBN 13 : 1457502666
Total Pages : 378 pages
Book Rating : 4.4/5 (575 download)

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Book Synopsis Dying of Money by : Jens O. Parsson

Download or read book Dying of Money written by Jens O. Parsson and published by Dog Ear Publishing. This book was released on 2011 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The cover motif is a piece of old German money. It is a Reichsbanknote issued on August 22, 1923 for one hundred million marks. Nine years earlier, that many marks would have been about 5 percent of all the German marks in the world, worth 23 million American dollars. On the day it was issued, it was worth about twenty dollars. Three months later, it was worth only a few thousandths of an American cent. The process by which this occurs is known as inflation. A few years before, in 1920 and 1921, Germany had enjoyed a remarkable prosperity envied by the rest of the world. Prices were steady, business was humming, everyone was working, the stock market was skyrocketing. The Germans were swimming in easy money. Within the year, they were drowning in it. Until it was all over, no one seemed to notice any connection between the earlier false boom and the later inflationary bust. In this book, Jens O. Parsson performs the neat trick of transforming the dry economic subject of inflation into a white-knuckles kind of blood-chiller. He begins with a freewheeling account of the spectacular inflation that all but destroyed Germany in 1923, taking it apart to find out both what made it tick and what made it finally end. He goes on to look at the American inflation that was steadily gaining force after 1962. In terms clear and fascinating enough for any layman, but with technical validity enough for any economist, he applies the lessons gleaned from the German inflation to find that too much about the American inflation was the same, lacking only the inexorable further deterioration that time would bring. The book concludes by charting out all the possible future prognoses for the American inflation, none easy but some much less catastrophic than others. Mr. Parsson brings much new light to bear on this subject. He lays on the line in tough, spare language exactly how and why the American inflation was caused, exactly who was responsible for causing it, exactly who unjustly benefited and who suffered from the inflation, exactly why the government could not permit the inflation to stop or even to cease growing worse, exactly who was going to pay the ultimate price, and exactly what would have to be done to avert the ultimate conclusion. This book packs a wallop. It is not for the timid, and it spares no tender sensibilities. The conclusions it reaches are shocking and are bound to provoke endless dispute. If they proved to approximate even remotely the correct analysis of the American inflation, hardly any American citizen could escape being the prey of inflation and no one could afford not to know where the inflation was taking him. In the economic daily lives of everyone, nothing will be the same after this book as it was before.

Incidental Illustrations of the Economy of Salvation, Its Doctrines and Duties (Classic Reprint)

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Author :
Publisher : Forgotten Books
ISBN 13 : 9780265485491
Total Pages : 386 pages
Book Rating : 4.4/5 (854 download)

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Book Synopsis Incidental Illustrations of the Economy of Salvation, Its Doctrines and Duties (Classic Reprint) by : Mrs. Phoebe Palmer

Download or read book Incidental Illustrations of the Economy of Salvation, Its Doctrines and Duties (Classic Reprint) written by Mrs. Phoebe Palmer and published by Forgotten Books. This book was released on 2017-10-19 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Incidental Illustrations of the Economy of Salvation, Its Doctrines and Duties I don't mean to be made Unhappy to-day Metaphysical Difficulties considered, Place the Stake a little farther, The Incog and the Pocket-book, Do not Profess before you Believe, A New Church on Right Principles, I don't believe in Holiness, Conversion of Sinners and Sanctification of Believers, . The Conversion of a Husband delayed, Show the Footmarks. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Symposium on Inflation (JCR Vol. 07 No. 01)

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Author :
Publisher : Chalcedon Foundation
ISBN 13 :
Total Pages : 228 pages
Book Rating : 4./5 ( download)

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Book Synopsis Symposium on Inflation (JCR Vol. 07 No. 01) by : Bruce Bartlett, M. A.

Download or read book Symposium on Inflation (JCR Vol. 07 No. 01) written by Bruce Bartlett, M. A. and published by Chalcedon Foundation. This book was released on with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The inflation crisis is now an international phenomenon. The whole industrialized world is suffering from chronic price inflation, and no government seems to be able to do anything about it. When those of us associated with Chalcedon began warning people of the impending inflation, back in 1964, few listeners took us seriously. They simply cold not accept the fact that governments would not control their monetary policies. But year after year, as monetary inflation has continued, thereby producing price inflation, people have learned the grim reality of what we warned about a decade and a half ago. The problem facing us today is massive. Few people understand the inflation process, and when people don’t understand what the cause of their problem is, and the problem gets serious enough, then they are likely to make serious errors—personal financial errors, political errors, and policy errors. If Christians have no better understanding of the causes and cures for inflation than the secular world does, then we are not going to be in a position to exercise effective leadership. The trouble is, everyone thinks he knows what inflation is all about. A person who wouldn’t venture an opinion concerning physical chemistry or astrophysics is ready with an explanation for inflation. About the only things not going up in price today are dime-a-dozen solutions to inflation. And given their value, they shouldn’t be going up in price; the supply of them keeps increasing too fast. What the latest issue of The Journal covers is the inflation question: causes, effects, cures, and ineffective solutions that have failed in the past. We hope that people who have read this issue will have a far better perspective on the subject: what to do about it personally, what the political authorities should do, and what we can expect them to do. We can expect them to take steps that will compound the problems. The intellectual father of modern price inflation was John Maynard Keynes. It is the universal popularity of Keynes’ ideology—and ideology favorable to government intervention and printing press money—which has led to the monetary policies of today. Ideas have consequences, and Keynes had some exceedingly bad ideas. The professors in the universities who have infected two generations of students with Keynesian economic theory are still in power, fully tenured, and still somewhat respectable. But these men are now trapped by their own ideology: price inflation is wiping out faculty salaries and pensions. This is precisely what Keynes said would happen: the reduction of real purchasing power, despite nominal increases in wages. Instead of the workers getting deceived by this phenomenon, it has been the professors. When this era’s economics are destroyed by the ravages of inflation controls, unemployment, and market instability, the utter nonsense published by the economists over the last 40 years will be seen for what it was: incomprehensible, overly mathematical propaganda for the construction of a statist society. What Christian laymen need to understand in advance is that professional economists, supposedly orthodox in their Christian faith, have generally bought the Keynesian ideology. We have to be ready to abandon all such attempts to fuse Keynesian economics and Christian faith. We have to disassociate ourselves from all versions of baptized Keynesianism, so that when public repudiation comes in the wake of economic destruction, Christians will be able to say, “We warned you about this. Now listen to us while we lay out the answers.” One of the nicest features of the last 15 years of international price inflation has been the erosion of faculty pension funds, university endowments, and the reputation of the big-name Keynesian advisors. They still have some prestige left, just as they still have some money left in their pension funds, but they are in trouble. The public is beginning to catch on. If these economic doctors can’t seem to be able to beat inflation in their own lives, why should anyone take them seriously? These two-bit emperors have no clothes. All they have left to cover themselves are their Ph.D.’s. Now that these have been debased through overproduction, they don’t mean as much as they used to. The Bible does have answers. It has solutions to the problem of inflation. They Keynesians have never taken the Bible seriously as a guide to economic policy, including the Keynesians who teach on Christian college campuses. We have to be able to spot nonsense solutions when they are offered in the name of Science or Christianity. Can we have inflation and unemployment simultaneously? The Keynesians used to say no. Now we see both. Can the boom-bust cycle be avoided through “fine-tuning” the economy? the Keynesians used to say yes. Now we know how wrong they have been. Will the government be able to find a politically acceptable solution to inflation before mass inflation wipes out the middle class? None has been able to do it so far. Will the middle class wake up in time? Some of them have, but as they do, prices rise even more rapidly, as they seek to find inflation hedges. Will any of these hedges really work? Did any of them work in the great German inflation of 1921-23? What will be the effect on society of continuing inflation? Who will be hurt most? Will anyone profit? All of these questions are covered in the latest issue. Keynesians in the classroom won’t appreciate the answers, but The Journal isn’t aimed at them anyway, except insofar as you would aim a shotgun. The economies of the West are in serious trouble, and this trouble is going to become far worse over the next half decade. Christians had better be forewarned. If Christians fare no better in the coming crises than humanists, then they will hardly be in a position to offer advice after the crash.

The Economics of Inflation

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Author :
Publisher : Routledge
ISBN 13 : 1135033226
Total Pages : 467 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis The Economics of Inflation by : Constantino Bresciani-Turroni

Download or read book The Economics of Inflation written by Constantino Bresciani-Turroni and published by Routledge. This book was released on 2013-05-13 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Inflation provides a comprehensive analysis of economic conditions in Germany under the Great Inflation and discusses inflationary conditions in general. The analysis is supported by extensive statistical material. * For this translation the author thoroughly revised the original work * Includes an appendix on German economic conditions in the years following the monetary reform, 1923-24