The Mismeasure of Inflation

With voters and the Fed worried about inflation, it's worth understanding what it actually is, and how the government measures it. The flaws and limitations of the commonly used measures are the topic of my column this week. Please check out the full column at Newsmax ("Who is Hermann Paasche? Why Some Don't Want You To Know") and at the New York Sun ("Why Jerome Powell and the Public-Employee Unions Would Rather You Not Know About This Economist.")