Yesterday, we looked at how the Business Employment Dynamics (BED) report showed job losses last year while the much-reported and much-touted monthly Establishment survey report showed “blowout” job gains throughout most of the year. 

Indeed, over the past year, the Establishment survey has repeatedly showed considerably more job growth than both the BED report and the Household survey. 

Property is a key economic principle for markets to operate and their participants to live in harmony with one another.

Ludwig von Mises tries in Human Action to reconcile two arguments about charity that pull in opposite directions. The first of these is that some people cannot survive without receiving help: unless they are guaranteed such help by law, they are dependent on charitable donations from the better-off.

Recently, Freddie Mac, a government-sponsored enterprise, sought approval from its oversight agency, the Federal Housing Finance Agency (FHFA), to purchase and guarantee second mortgages in the United States.