Power & Market

Just because two people have the same job title, that doesn't mean they do the same thing.

Facing an unimpressive economy, the Fed is already backing off its supposed plans to rise interest rates and scale back its balance sheet.

Describing the Japanese internment camps as concentration camps is not an exaggeration or a rhetorical trick.

Many progressives argue rights to property are arbitrary constructs of an elite and conservative legal system; that there is nothing “natural” or legitimate about them; and that, therefore, they have no special moral status.

Sales of Class 8 trucks (18-wheelers) hit the ditch in January, with orders down 58 percent from a year ago hitting a level not seen since October

The continued expansion of the executive branch is concerning. It is also predictable given the deification of American political democracy.

A correspondent sent me a story about Ludwig von Mises.

David Rosenberg tweeted a graph of the plunging Baltic Dry Index with the comment, “Is there a more deflationary chart than the Baltic Dry Index of

Mark Thornton explains why socialism can never work, the history of the death and misery its caused and we discuss a better way to help everyone li

When asked about future risk, Powell said he did not “feel that the probability of recession is at all elevated.”