Beliefs, Facts and Money 
Conservative Delusions About Inflation
Conservative Delusions About Inflation
 A few conservative intellectuals have been trying to persuade their 
movement to embrace monetary activism, but they’re ever more 
marginalized. And that’s just what Mr. Nyhan’s article would lead us to 
expect. When faith — including faith-based economics — meets evidence, 
evidence doesn’t stand a chance. Paul Krugman
 

 
 
 
