Inflation Clues From Sticky Prices

To solve the mystery created by the inflation worries that are in the news, we can look at sticky and flexible prices.

The Travels of Mobile Money

Zimbabwe’s monetary crises used to create money laundering…literally. To preserve their limited supply of worn U.S. dollars, households had to wash them: Now though, they have a new solution. Going Cashless Mobile money has become increasingly popular. Wherever hyperinflation is…

The Chaos Created By Venezuela’s Soaring Inflation Rate

When Venezuela’s inflation rate entered the stratosphere, it created chaos that shifted the rhythm and rationality of daily life.

The Money That People Won’t Spend

Swinging from hyperinflation to deflation, the value of Zimbabwe currency has created uncertainty for more than a decade.

The Chaos That Inflation Can Create

Last year, Venezuela’s inflation rate exceeded 800%.   For this year, the data conflicts. While the Wall Street Journal and the IMF say Venezuela is on its way to hyperinflation, Johns Hopkins economist Steve Hanke says the rate is closer to 70%.…

How Venezuela’s Price Ceilings Are Moving

While Venezuela’s price ceilings created life threatening shortages and distorted incentives, lifting them will temporarily result in more distress.

Weekly Roundup: From Free Trade to Expensive Airline Tickets

Our economic news summary includes Venezuela’s hyperinflation and Dutch Disease, the NFL’s gender deficiencies, free trade, and new marriage markets.

The Strange World of Venezuelan Hyperinflation

Because of hyperinflation, Venezuela needs billions of bank notes so that businesses and consumers can pay the insane prices that rise daily.

Weekly Roundup: From Venezuela’s French Fries to the Army’s Pizza

Posts Roundup Sunday 11.01.15 How to be inches away from getting hired…more Monday 11.02.15 Why one-child could be here to stay…more Tuesday 11.03.15 The army food we eat at home…more Wednesday 11.04.15 What a pizza can teach us…more Thursday 11.05.15 The tough part of deciding who…

How to Make the Invisible Hand Disappear

With shortages of basic necessities, price controls, lack of foreign exchange and rising prices, Venezuela’s inflation rate is soaring.