History Shows High Inflation Can Last Over Ten Years
Wall Street has convinced itself that the Fed will soon engineer a "soft landing" by bringing down inflation without an accompanying recession. They need to rethink their beliefs.
Wall Street has convinced itself that the Fed will soon engineer a "soft landing" by bringing down inflation without an accompanying recession. They need to rethink their beliefs.
We know that "bring the troops home" is too much for America's foreign policy establishment.
University of Chicago professor Martha C. Nussbaum wants to save the world by preventing animals from eating each other in the wild. David Gordon (after pulling himself off the floor) comments on her proposal.
While some politicians preach populism, that usually means protectionism and increased business regulation, along with high marginal income tax rates. Grover Cleveland showed a better way.
As crime rates rise and government policing fails, more and more people are turning to private security, which is more effective in preventing crime than government police.
Modern progressive governance claims it has science on its side. Hayek's Nobel speech put holes in that viewpoint.
Self-determination means the ability to make laws for one's own community free from intervention by Washington, DC. Most of the world can do this. Why can't Americans?
The Chinese Community Party's crackdown in Christian churches reflects the perceived antiauthoritarian nature of Christianity and the party's fear of a competing alternative worldview.
Progressives demanding that the government forgive student debt forget that student loans were made voluntarily by students that promised to pay back what they owe.
While socialists posit socialism as a humane and ethical system, it is anything but that. Mises understood its brutality long before socialism gripped the world.
Only Father Time helps us cut through the policy nonsense and understand interest rates conceptually.
Bob and Jeff make their provocative 2023 predictions for the economy, the Fed, politics, world events, and cultural issues.
Economists like Paul Krugman have claimed that practice of austerity in government would damage the US economy. As Mark Thornton points out, the opposite is true: austerity works.
Ryan McMaken and Tho Bishop look ahead to 2023.
Keynesians believe that economic growth can occur only with an expanding supply of money. Growth doesn't need more money; it needs more savings.
While monetary authorities and progressives would like to have a digital currency implemented, it is a backward step for monetary freedom.
The Pilgrims tried socialism at Plymouth. After two years, they returned to private enterprise. Likewise, Israel was founded as a socialist state but has back turned toward free markets.
Twenty-six years ago, the debate was over whether or not the target inflation rate should be raised from zero to 2 percent. Now we're being told it should be 4 or 6 percent.
Money laundering is illegal in the USA, but like so many other federal crimes, it is difficult to identify and define. That is the perfect recipe for government abuse of innocent people.
You don't want to miss Jeff's unvarnished thoughts on the Left, the Right, the economy, and what is sure to be a turbulent New Year.