Power & Market

Reports of “dollar death” are greatly exaggerated and fail to answer a simple question: What is the alternative?

Let’s hope Trump succeeds in destroying the reputation of the Fed, but let’s also hope Trump doesn’t succeed in stacking the Fed with his own people.

No country needs the approval of others to adopt free trade. No harm and much benefit can accrue to the citizens of either country.

What we need from the Fed is for it to disengage, step back, and stop intervening to ensure a limitless supply of easy money.

If San Francisco truly wants to stamp out its black market in housing, it must return housing to the free-market principles of secure property rights and market competition.

Economics, at its core, is the study of cause-and-effect relationships—analyzing how scarce resources, which have alternative uses, are allocated.

Sadly, even Tik-Tok videos of parents struggling to afford school supplies will likely not cause Congress steps to deal with the Fed. Instead, the videos are more likely to cause Congress to renew efforts to ban Tok-Tok.

The passage of Trump’s “one big, beautiful bill” has once again raised the issue of tax loopholes. Murray Rothbard referred to the idea of a tax loophole that needs to be closed as a great economic myth.

Zohran Mamdani, a self-identifi

The Federal Reserve has what the New York Times called its “biggest shindig” of the year at Jackson Hole, Wyoming next week. What mischief are they up to?