On the horizon, Gerald Dwyer sees inflation . Here’s his conclusion:
The increases in money held by the public are a new experiment to test a widely verified proposition: substantial increases in the quantity of money held by the public are associated with substantial inflation. Inflation is quite likely to be higher in coming years than it has been in the recent past. Whether the increase is muted – an increase of one percentage point per year or so – or noticeably larger remains to be seen.
Patrons of Arnold Kling’s excellent askblog picked their top 150 intellectuals. With the exception of a small number (Donald Trump?!), the list is quite good . (It would be even better if it included at least some of the following: David Boaz, Eric Boehm, Veronique de Rugy, David Friedman, Steven Landsburg, Scott Linicome, Phil Magness, Alex Nowrasteh, Virginia Postrel, George Selgin, and George Will.)