Friday, March 15, 2013

Tyler Cowen on New Websites, Inflation and Gold Edition

HT: Marginal Revolution

Also via Tyler Cowen:

Good sentences about inflation
As free goods become increasingly plentiful throughout the economy, and people learn to recycle, swap and exchange goods without monetary transaction, it becomes very difficult to engineer an inflation problem.
That is from Izabella Kaminska.  Most of the post is about the gold market.
Do read the umlaut comments at Marginal Revolution if you have a minute, for proof I'm not the only umlaut-head.
Previously:
Automation Steals Jobs: Röböts Playing Motörhead