Power & Market

At the 46th annual Jackson Hole symposium, Fed Chair Jerome Powell delivered  a speech titled:

Just four and a half months since President Biden declared an end to the Covid “emergency,” the media is suddenly full of stories about the return

Sam Bankman-Fried (aka SBF) of FTX fame has been sent to Brooklyn’s Metropolitan Detention Center (MDC) for attempted witness tapering.

With inflation still at high levels, it is becoming overwhelmingly evident to Americans that Federal Reserve notes steadily depreciate in value as

We live in a most special world where the sheer magnitude of absurdity in economic theories seems to have no bounds.

ABSTRACT: The purpose of this article is to investigate the intellectual influences of José Osvaldo de Meira Penna’s arguments on the origins of th

Last night’s debate showed how few Republicans who see themselves worthy of being president know what year they are living in.

Paul Krugman, in an article titled “None Dare Call It

Adding more in private and public debt will increase pressure on the Fed to “do the impossible” - keep interest rates relatively low without creating price inflation.

Robert Ekelund was an outstanding scholar and a true Renaissance man. We will miss him greatly.