Power & Market

The proper answer to who should be Fed chairman is…nobody. Nobody knows the “correct” interest rate.

In Syria the damage is done, and future generations will continue to suffer from the cruel folly of those convinced they know how to run everyone else’s lives.

The biography of Hans F. Sennholz reads like a paradoxical novel—as if the protagonist had journeyed backward through the twentieth century.

Just as no one in the world could possibly make something as simple as a pencil all by himself, as the great Leonard Read explained in his famous essay, I, Pencil, so it is with Mises University.

While we’re not yet seeing a trend toward widespread layoffs, it is increasingly difficult to get hired.

Steve Hanke criticizes Trump and Fed Chairman Powell for their flawed focus on interest rates over money supply, blames the Fed for exacerbating income inequality, and argues that tariffs cause temporary price blips while money supply drives long-term inflation trends.

When the President is harping about the Fed lowering the interest rates, this means that he wants more easy money created.

The same conservatives who act aghast at Mamdani's proposed government grocery stores turn around and support government schools and government healthcare.

Like a child with his new favorite toy at Christmas, President Trump is using tariff taxes not only to attempt to centrally plan the pricing of thousands of goods and services in the economy, but also to engage in election interference in other countries.

There are real concerns regarding Mamdani. Mamdani is a self-described socialist, and socialism has failed disastrously everywhere it's been tried.