The FedGlobal EconomyBusiness Cycles
From near-zero interest rates to price controls to easy home loans, it’s clear that government is now more in need of sound economics than ever.
Global EconomyMoney and BanksMoney and Banking
The bond sell-off of early September 2016 may turn out to be just another blip in the extraordinary bond bull market. But it is too early to tell.
The EnvironmentLegal SystemPolitical Theory
Contrary to the myth that libertarians favor limitless pollution by capitalists, libertarian legal regimes would often put polluters out of business.
Booms and BustsInterventionism
Because the only thing government is worse at than pricing risk, is learning from past mistakes.
EducationTaxes and SpendingPolitical Theory
What has the Federal Department of Education done for students? The DOE has spent a lot of taxpayer money, but the results are less than impressive.
If you want to ensure that goods and services are plentiful and go to where they are most wanted — do not pass anti-price gouging laws.
Not enacting price controls does not pass the "Do Something" test, yet the best thing politicians can do is sit on their hands.
The FedMoney and Banks
The Federal Open Market Committee (FOMC) decided yet again today to hold off on raising the target federal funds rate.
Global EconomyTaxes and Spending
Bastiat's broken-window fallacy lives on in Italy where advocates for a new wave of government spending will bring an economic renaissance.
SubjectivismValue and Exchange
The value of objects can change without any physical change to the object at all. I need only tell you that some junk you see is really art.
U.S. EconomyPolitical Theory
Contrary to the common myth, labor unions mean fewer jobs and more competition among workers.
The FedU.S. EconomyMonetary TheoryMoney and Banking
A Wall Street crisis would become a Main Street crisis without quantitative easing, or so the story began in Nov. 2008. Have you seen a recovery?
Populism, anti-globalism, anti-elitism — these are all symptoms of a hostility toward politics. We should embrace the opportunity they present.
Global EconomyWorld HistoryPolitical Theory
Contrary to dire warning of economic disaster, the British economy has weathered Brexit quite well. Now central bankers are taking the credit.
Global EconomyBusiness CyclesPolitical Theory
The EU is ill-equipped to deal with the crises that lie ahead.
Big GovernmentThe FedGlobal EconomyU.S. Economy
There is just no relief from the constant drum beat for more and more government intervention in the economy.
EducationInterventionismValue and Exchange
The NCAA is a powerful taxpayer-subsidized cartel that largely exists to deny the athletes the compensation they would earn in a working marketplace.
Booms and BustsMoney and BanksBusiness CyclesMoney and Banking
The cure for the curse of the Federal Reserve and its grand experiment is to install a sound monetary order. The next US president must clean house.
Global EconomyTaxes and SpendingPolitical TheoryValue and Exchange
When it comes to trade, the best US policy, or that of any country, is the elimination of all barriers to imports.
Taxes and SpendingU.S. EconomyBusiness Cycles
Real income and wealth growth in the United States peaked in the 1990s, and has been declining since.