The REAL Solution to the Coming Economic Crisis
Free Markets DO Work in Developing Countries
Individual Time Preferences, Not the Central Bank, Determine Real Interest Rates
World War I: The Great War Was also the Great Enabler of Progressive Governance
After Years of “Stimulus” Come Surging Debt and Falling Wages
As interest rates rise on everything from mortgages to car loans to Treasurys, interest is also rising on credit card debt. That’s not exactly great news, as so many indicators point to a recession—and the worsening job situation that comes with it—on the horizon. Many Americans may soon find themselves with more debt and higher interest rates, all while real wages are falling.
Randian Villains with Millennial Characteristics: FTX, Fraud, and the Fed
Counterfeit Inclusivity
In a recent speech, one of the lesser-known Fed Governors, Philip N. Jefferson, discussed the importance of having a home:
Money Laundering: Another Noncrime Pursued by Criminal Authorities
Money laundering is the process of concealing the source of funds derived from illicit activities to present a veneer of legitimacy. According to the United Nations Department of Economic and Social Affairs, yearly money laundering flows account for 2.7 percent of global gross domestic product (GDP).
As Easy Money Crashes, the Political and Legal Effects Appear
In his recent article targeting the collapse of the FTX exchange, Ryan McMaken noted that the easy money regime we have lived under for more than two decades has led to yet another bubble with a spectacular crash. Enron and WorldCom blew up in the wake of the first bubble; Lehman Brothers and other investment banks and Wall Street firms went down in the 2008 collapse of the infamous housing bubble.
