Help Wanted: Lenders with No Experience (or Short Memories) to Make Risky Mortgages
Home values are up, flipping is back in vogue, and more than a little subprime sauce is needed to keep the party cooking.
Mises Wire
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Trump Turns Back the Clock With Cold War Cuba U-Turn
President Trump said Friday that his new policy would be nothing short of “regime change” for Cuba.
After Brexit: Germany and the EU Will Look to Asia
The importance of Asia as a trade partner will drive future EU and German policy.
Privatize the New York City Subway System
“Evidence of government failure” calls for a return to privatization to “reduce costs, improve service quality, and accelerate technological change.”
Fed Raises Rates — Will Other Central Banks Follow?
The Federal Reserve says it can now turn to tighter monetary policy if the economy continues to expand "as anticipated." But that's a pretty big if.
Week in Review: June 17, 2017
One might now say monetary policy has progressed from a policy of "ultra low" rates to simply a policy of low rates.
Government as the Source of Monopoly: US Airlines Edition
"Is Government the Source of Monopoly?" asked Chicago economist Yale Brozen. Yes, he answered.
Kaplan and Kashkari: Slowing Inflation Makes More Rate Hikes a Challenge
Dallas Fed's Robert Kaplan and Minneapolis Fed's Need Kashkari are less optimistic than Yellen about the prospects for 2% inflation.
Central Banks Are Driving Many to Cryptocurrencies
The experimental and destructive monetary policies of central banks are driving many to flee to cryptocurrencies in hopes of finding some stability.
With Cuba Policy, Trump Strikes Another Blow Against Economic Freedom
As with all US-imposed trade restrictions, efforts to restrict trade with Cuba involves destroying the property rights of Americans.
