Fannie and Freddie’s New Bubble
With blood on their hands from the 2008 crash, Fannie Mae and Freddie Mac have now created another bubble, this time in the multifamily rental market.
Mises Wire
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The Next Step in Europe’s Negative-Interest-Rate Experiment
The ECB is likely to relent on negative rates. But it will then turn to buying bonds and monetizing the debt to keep the easy money flowing.
Trump continúa ignorando la política monetaria y lo va a pagar
Los planes monetarios y fiscales de Trump no hacen más que cambiar la carga impositiva y subsidiar las ganancias corporativas.
The Nonproblem of the Trade Deficit
Murray Rothbard referred to the trade deficit as a "pseudoproblem," which also suggests that we shouldn't read too much into the deficit's recent drop.
April 1917: Woodrow Wilson Calls for War
100 years ago this week, Woodrow Wilson sought a declaration of war in order "to end all wars."
The Supposed Failure of Economics
The left has always been anti-economics for the simple reason that economics shows the real cost of progressive policy.
Richmond Fed’s Lacker, Source of Medley Leak, Announces Immediate Resignation
Richmond Fed President Lacker says he was source of the 2012 Medley leak and announces his immediate resignation.
California Senate Votes to Nullify Federal Immigration Law
The California government's latest effort to stifle federal immigration efforts is not just a symbolic gesture.
3 Lessons Learned from Wisconsin’s War on Foreign Butter
Wisconsin's foreign-butter ban may seem like a small issue, but it illustrates the problems that arise when government limits trade in any way.
The Fed’s Emerging Balance Sheet Plan
The Fed's 2017 narrative is balance sheet adjustment. But how far can they get without a market protest?
