As monetary officials gather this week for their annual retreat, they’ll ponder how much higher they need to raise rates to slay inflation. But Fed...

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August 29, 2023 • Weekly Newsletter
How Inflation Fuels Government Growth ([link removed])
Judy L. Shelton (Wall Street Journal)
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As monetary officials gather this week for their annual retreat, they’ll ponder how much higher they need to raise rates to slay inflation. But Fed officials should question an inflation-fighting model that deliberately destroys the economy—and change course today. Nothing less than the future of democratic capitalism is at stake. READ MORE » ([link removed])
Political Affiliations of Federal Reserve Economists ([link removed])
The Independent Review, Fall 2022
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Debunking De-banking ([link removed])
Samuel Gregg (City Journal)
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The purpose of banking? To provide financial services and deliver profit to the bank’s owners. It is not to further a politicized notion of global social justice. Tell that, however, to Nigel Farage, the Brexit leader who had his bank account shut down by the bank because of his views were “at odds with our position as an inclusive organization.” How do citizens fight a global, increasingly “woke” banking industry? READ MORE » ([link removed])
Is Social Justice Just? ([link removed])
Edited by Robert M. Whaples et al.
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Archbishop Salvatore Cordileone Interview: COVID Lockdowns and Religious Freedom | Ep. 16 ([link removed])
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Dr. Atlas interviews Archbishop Salvatore Cordileone of the San Francisco Archdiocese. An outspoken Catholic traditionalist, Archbishop Cordileone comments on how COVID restrictions and lockdowns impacted the church, the importance to society of religion today, and where we go from here in a time of crisis with a loss of anchor in the culture. WATCH NOW » ([link removed])

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Independent Truths with Dr. Scott Atlas Independent Institute Podcasts ([link removed])
The Fed’s Inflation Rate Targeting Is a Sham ([link removed])
William F. Shughart II (The Beacon)
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According to the Federal Reserve Act of 1913, the Fed is supposed to pursue, all at once, the “Holy Trinity” of price stability, full employment, and economic growth. How? By wielding the Fed’s one tool: manipulating the nation’s money supply. That’s called being “set up to fail.” Should we just end the Fed? READ MORE » ([link removed])
Good Money ([link removed])
Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775-1821 ([link removed])
By George A. Selgin
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The Ne Plus Ultra of Collegiate Wokeness ([link removed])
Richard K. Vedder (James G. Martin Center for Academic Renewal)
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Remember the academic jihad against University of Pennsylvania law professor Amy Wax? How about the disgraceful shouting down of federal judge Kyle Duncan at Stanford? Much worse is the case of Professor Scott Gerber of Ohio Northern University. The university’s board of trustees needs to act—now. READ MORE » ([link removed])
Restoring the Promise ([link removed])
Higher Education in America ([link removed])
By Richard K. Vedder
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The Latest from The Beacon
* How Long Will Putin Remain in Power? ([link removed]) , by Randall G. Holcombe
* Donald Trump and the Fourteenth Amendment ([link removed]) , by William J. Watkins, Jr.
* “Worry About the Federal Deficit” ([link removed]) , by Craig Eyermann

The Latest from Catalyst
* Remembering President Warren G. Harding ([link removed]) , by Will Sellers
* The Ingenuity of Third World Ridesharing ([link removed]) , by Scott Beyer
* Governor Pritzker Vetos Illinois Nuclear Ban Repeal ([link removed]) , by Paige Lambermont

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David J. Theroux Chair in Political Economy. Independent welcomes nominations and applications for the David J. Theroux Chair in Political Economy, named in honor of the late founder of Independent. The holder of the chair ensures that all research activities have intrinsic intellectual merit in the service of Independent’s mission. READ MORE » ([link removed])

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