Power & Market
No, Inflation Is Not a Product of Corporate Greed
Seventeen months ago, as the keys to the oval office changed hands, for all of the political animus and theatrics, one thing seemed a given: the US
Rising Interest Rates Are Revealing the True Damage Done by the Fed
The most pressing insight on Fed policy is not the dollar's declining purchasing power or the threat of hyperinflation, but the costs of the malinvestment that occurs in a low interest rate environment.
At Least Private Police Would Have an Incentive to Act
Following the tragic events of Uvalde Texas, the whole country saw a disgusting act of senseless killing, and the police waiting outside as it unfo
Wholesale Prices Rise More than 10 Percent, Pointing to Continued Price Hikes
Year-over-year PPI growth came in at over 10 percent for the sixth month in a row. This will put more pressure on the Fed to "do something."
No One Should Have This Much Power
If you’ve never given much consideration to the power of central banking, it’s time to make that a priority.
Should Gun Laws Be Decided at the Federal Level? Or Even the State Level? Why Not the Local Level?
Uvalde, Texas, is where I was born. It’s where my mom taught kindergarten less than a mile from Robb Elementary.
Is It Time to Rethink Ayn Rand?
It has become trite for American fiction writers to lambast capitalism and the free market system as inherently immoral.
Democracy Dies of Democrats
“Democracy is under attack!” I wish I had a fiat nickel for every time I heard some variation of this panic-line these past half-dozen years.
Rate Hike Incoming
The near certainty of another 50-bps rate hike at the Federal Open Ma