Power & Market

Bank stocks are still floundering after they took a major hit in March of this year, coinciding with the failures of Silicon Valley Bank, First Rep

Last week we witnessed a dramatic, historical first: A Speaker of the US House of Representatives was removed from that position by a vote from Mem

Just as everything seemed bright for a new anti-interventionist movement spearheaded by a disgruntled political Right came chaos in Israel.

Noted Austrian economist Ludwig von Mises passed away on October 10, 1973, 50 years ago today.

Maybe it was inevitable: X, Facebook, YouTube, Flickr, LinkedIn, Threads and now Instagram.

Mises at first bcame a very promising disciple of the historicist approach in economics. But then he encountered the writings of Carl Menger,  the fountainhead of the Austrian School. Mises came to conclude that Menger and his disciples were right. 

Rent control sounds like a good, humanitarian idea. Certainly, few if any tenants would quarrel with this policy.

The Federal Reserve creates and manipulates the dominant fiat currency of the world.

[This article appeared in the Letters section of The Wall Street Journal in a shortened form.]

You have to wonder if the lawyers at the FTC cracked a smile while accusing Amazon of being a monopoly due to the way it observed competitors’ responses to price changes.