Power & Market

President Joe Biden made an appearance in a White House advertisement during this year’s

Bloo

This video is an  English translation of Jesús Huerta de Soto’s comments about

The designations of "legal" and "illegal" do little to tell us about the productivity of a migrant, or the demands he or she makes of the welfare state. In practice, legal immigrants have greater access to public funds than illegal immigrants, and it shows. 

[From the  September-October 2023 issue of The Austrian.]

Stock markets tumbled this morning when the January Consumer Price Index (CPI) data came in hotter than expected.

The 1920s in America, as well as much of the West, were characterized by a feeling that anything was possible.

A few days ago, Ginny Garner sent me a message. Ginny wrote:

“Lew,

There has been much written and said about Tucker Carlson’s interview with Russian President Vladimir Putin last week.

The amount of commercial real estate loans coming due in 2024 has jumped to $929 billion according to the Mortgage Bankers Association.