Power & Market

President Donald Trump this morning reiterated that he thinks US monetary policy should be more like that of the European Central Bank.

Year-over-year drops in passenger traffic is well correlated with changes in the employment level, and passenger traffic fell for two months in a row.

If wealth could be created out of scraps of paper or their digital equivalent, world poverty would be a thing of the past. Remember, the commodity money takes care of itself—and us too, if we let it.

The abandonment of liberty because fear drives people to trust government promises of safety is a phenomenon we have witnessed several times this century.

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

The negotiations weren’t going anywhere thanks to Trump’s maximalism, but Netanyahu didn’t want to take the chance that there might be a diplomatic breakthrough.

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.

Ordinary people are likely to experience stagnation in real wages, or worse, face rising unemployment.

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.