Inflation isn’t always the villain in our economic story. Sometimes, it’s a tool used by policymakers to stimulate economic growth. When the economy slows down, a moderate level of inflation can encourage spending. Here’s why: if prices are expected to rise, people are more likely to bu...
Those resources which we deem irreplaceable and which must therefore be preserved at all costs are the domain of strong sustainability. Here we must ask ourselves not only what degree of well-being we should bequeath to other generations, but even more profound questions relating to the long-...