Power & Market

Over a decade ago, on July 21, 2009, then Federal Reserve Chair Ben Bernanke wrote an article in the Wall Street Journal titled

"I wanted to talk to you because I wanted a two-hour lecture in Austrian economics." That is how Dr. Jordan Peterson begins his most recent podcast, featuring an interview with Mises Senior Fellow Robert Murphy. 

If we fall behind, the distance we have to go to recover becomes exponentially longer

Live at the 2021 Virtual Jackson Hole symposium, Federal Chair Jerome Powell

When the US imposes trade sanctions on other nations, it must rely on cooperation from dozens of other states. But enforcement can be very difficult.

Interest rates will have to be addressed, one day. The difficulty is in conceptualizing this when the last significant rate increase occurred nearly twemty years ago. Since then, there was only one small rate increase to just over 2 percent. 

The benefits of privatization are well documented by empirical studies, so they will not

Our Federal Government’s Balance Sheet: Putting the Cart Before the Horse

The Financial Report of the U.S.

Since the “Nixon shock” of 1971, the dollar’s value — and the average American’s living standard — has continuously declined, while income inequality and the size, scope, and cost of government have risen.

The implementation of vote