Power & Market
Conservatives Are Incorrigible Drug Warriors
Forget everything that conservatives say about individual liberty, personal freedom, property rights, the Constitution, federalism, capitalism, limited government, the free market, and free enterprise. They don’t mean a word of it because they are such incorrigible drug warriors.
President Trump: Peace is Popular
Americans are clearly more interested in getting our problems solved at home than acting as policeman for the world.
The Scourge of Credentialism
The rise of the state led to the rise of credentialism, however, credentialism neither guarantees competence nor quality.
New Additions to the Leveller Anthologies at the David M. Hart Archives
David Hart, former head of the Liberty Fund’s Online Library of Liberty Project, continues to build new archives of important documents
Without Government-Subsidized Industries, Employment Growth Would be Negative
The Bureau of Labor Statistics released new December employment numbers last week, showing another month of disappointing job growth and a labor ma
Announcing a Special Issue of the QJAE
The Quarterly Journal of Austrian Economics invites submissions for a special issue commemorating the centennial of the founding of the Austrian Institute for Business Cycle Research, founded in 1927 by Mises and directed by Hayek. Guest editors are Per Bylund and Jonathan Newman.
Why “Good Money” Always Disappears When “Bad Money” Is Circulated
Gresham’s Law isn’t about greed or bad behavior. It describes rational decision-making under fixed rules.
Trump Creates His Own Version of QE with New Fannie/Freddie MBS Purchases
President Trump on Thursday announced that he will use Government-Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac to buy up mortgage-
Multifamily Delinquencies Rise Again, Hit New Post-Great Recession High
Freddie Mac’s delinquency report for multifamily properties shows delinquencies above the Great-Recession peak.