Power & Market

Arbitrary and undefined terms like “fair wage” and “living wage” fundamentally misunderstand the nature of work how wages are determined.

Israel has begun its attack on Iran:

Dr. Hoppe‘s recent email correspondence with a New Yorker writer.

HIPAA was enacted in 1996 to protect the privacy of patient health information. In practice, HIPAA’s stringent requirements may harm patients, create a chilling effect on medical researchers and healthcare providers, and significantly increase medical costs.

The US Bancorp tower in downtown Portland is now half empty, with the bank, while leaving its name on the building, relocating most of its employees.

According to the Bureau of Labor Statistics’ latest price inflation dat

Can Trump and Musk “make up” and find a way to work together in the future?

Protectionism really isn‘t a theory of betterment for all but a claim that certain people in certain occupations are special. They must be paid more handsomely than the market—meaning you and me—wishes to pay. It will be big business and big labor who will be the beneficiaries of tariffs.

Freddie Mac’s delinquency report shows delinquencies above the Great-Recession peak. April's delinquency rate was the highest in 14 years.

The 19th century saw the creation and expansion of railroads in the United States, which hauled freight and carried paying passengers. One offshoot from privately-owned railroads was the creation of company-built and -operated hospitals to treat their employees in remote locations.