tag:blogger.com,1999:blog-16108705.post113980341728039284..comments2023-10-31T04:22:01.788-07:00Comments on Spontaneous Order: Do Journalists' Overconfidence in Themselves Leads to Media Bias?Gary M C Shiuhttp://www.blogger.com/profile/10428343538502014336noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-16108705.post-1139832321330387692006-02-13T04:05:00.000-08:002006-02-13T04:05:00.000-08:00Nice post. Moreover, there si maybe something even...Nice post. Moreover, there si maybe something even more interesting: Why do so many economists think inflation is not (only) monetary phenomenon? I do talk about both of university economists and professional economists. And the "best" explanation concerning inflation we could hear last year? Inflation has increased because oil prices rose. Really funny. So, I think, maybe the problem begins with economics taught at universities. If even the economists are unable to understand inflation is purely monetary phenomenon, I am afraid, we cannot await journalist or laymen will know it.Dan Vořechovskýhttps://www.blogger.com/profile/00412256443023656799noreply@blogger.com