Power & Market

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.

In the following diagram, Jesús Huerta de Soto has summarized the actions people take to recover from a disaster when people are free.

Last week, the Federal Reserve released Welcoming Remarks

Abstract: In response to the COVID-19 lockdown policies, Guerrieri et al.

The modern system of electronic medical records (EMR) is essentially a creation of the government's Medicare and Medicaid programs. The EMR system creates a tidal wave of unnecessary and exhausting bureaucratic paperwork.

Tax imposition rendered political exploitation less painful, but at the same time, it inaugurated an expansion of dominion over individuals and society unparalleled in history.

Javier Milei's unequivocal message of shuttering the Argentinian Central Bank resonated with a population beleaguered by an inflation rate of over 100%.  

The Argentine primary elections were held on August 13 and only one presidential candidate had presented a government plan in detail.