Peter Jacobsen

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Should Legislators Have to Disclose Harmful Consequences of Legislation?

Should Legislators Have to Disclose Harmful Consequences of Legislation? This week, I have some questions about the consequences of legislation…

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Are Food and Energy Excluded from Inflation Measures?

This week for Ask an Economist, I have another question from Dr. Overfield. His question is: “I would like to…

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Why Does the Federal Reserve Target 2% Inflation?

This week I have a question from Eugene from Missouri about the Federal Reserve. He asks, “we often read that…

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How to Make a Budget in Just a Few Easy Steps

One of the common mistakes people make is thinking that economics is the same thing as finance. Many economics professors…

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What Is Fractional Reserve Banking and Is It Good or Bad?

After the collapse of Silicon Valley Bank (SVB), I received several questions related to the collapse. One by Dr. Michael…

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Yellen’s Comments Create the Worst of All Possible Worlds for Banking Incentives

It’s been a few weeks since the failure of Silicon Valley Bank (SVB). In my previous article about the bank…

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Are Markets Immoral?

This week for Ask an Economist, I have a question from AJ who asks (edited for clarity), “This isn’t entirely…

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Why Politicians Use Force Rather than Markets

This week I have a question from Sergio from Brazil. He says (edited for clarity), I enjoy reading the articles…

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What Even Is a Non-profit?

For Ask an Economist this week I have a question from Hal who asks, “What is the difference between a…

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How the Free Market Handles Monopoly

In the president’s recent State of the Union address he called for “bipartisan legislation to strengthen antitrust enforcement.” For those…

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