Black Hole or Shock Absorber: How Does a Free-Market Economy Respond to Crises?
As the inevitable economic downturn becomes more evident, the Fed will attempt to stop deflation. But what this economy needs is a good dose of it.
As the inevitable economic downturn becomes more evident, the Fed will attempt to stop deflation. But what this economy needs is a good dose of it.
How big of a red wave is on the horizon, and how much does it really matter?
Even with near-record inflation, the US dollar still has gained strength relative to other currencies. This does not mean that the Fed has been acting responsibly.
Progressives like Robert Reich now claim that there is no inflation, just businesses arbitrarily raising prices so they can increase profits. Such claims do not pass the test of economic logic.
President Biden's nonsolution of partial "debt forgiveness" is in limbo, but the slow financial destruction that massive student loan debt is unleashing continues.
In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won't happen.
Law Professor David Bernstein looks at the system of racial classifications in the USA and explains why they have been harmful.
After following hyper-Keynesian policies for more than two decades, the Fed is about to create the conditions that Keynesians claimed were impossible: an inflationary recession.
War dissenters are branded "Putinists" by the foreign policy elites who casually flirt with nuclear war. But preferring negotiations to World War III hardly makes one a Putin sympathizer.
Home price growth of the sort we've seen in recent years simply cannot be sustained without a continued commitment to easy money from the central bank, and it shows.
Jeff and Bob take a hard look at the linguistic battlefield and the corruption of language as an institution.
People still come to America, but it is because of the foundation created by private enterprise, not because of progressive politics.
The average new home in America was still well over 50 percent larger in 2021 than in the 1960s. Yet in an age of declining affordability, governments won't let homes get smaller.
Ryan McMaken and Tho Bishop look at the Alex Jones verdict and the weaponization of defamation law.
Insurance protects individuals from events that cannot be foreseen. As Murray Rothbard noted, however, deposit insurance exists to "protect" a system that is inherently bankrupt.
Government inflation makes people’s responses much more delayed, leaving people’s value adding greatly degraded.
Our current deficit policy amounts to "Give me your wallet, and you will deal with the credit card balance later."
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.