Trouble at Jackson Hole

Central bankers and their economists had their annual retreat to Jackson Hole Wyoming this past week. Given all of their self-proclaimed success in curing the economic crisis with their Zero Interest Rate Policy (ZIRP) and Quantitative Easing (QE). You would think that the event would have been a big celebration.

State Monopolists Don’t Work for You

I see that some people have become a bit upset with how the police are conducting themselves recently. They declare that the police need to be reminded that “they work for us, not the other way around.” This statement expresses an utterly naive and untutored idea. The police don’t work for us, if by “us” we mean you, me, and at least 95 percent of the rest of the population.