Trying to Outrun Inflation With Speculation
Back in the .com bubble days, Alan Greenspan worried about “irrational exuberance,” but chose to let markets adjust on their own, without hiking in
Power & Market
Displaying 1 - 10 of 2922
Delinquencies Mount as the American Consumer Runs Out of Money
The Federal Reserve Bank of New York this week released its Quarterly Report on House
Another Regime-Change War Will Accelerate America’s Slide into Authoritarianism
Americans had better brace themselves for another foreign war as a way to quell the MAGA rebellion over the Jeffrey Epstein files.
Can’t Afford a Vacation? Blame the Fed.
According to data collected by the research firm Statista, 29 percent of Americans cannot afford to take a vacation this year.
Exposing the Sausage Factory
Otto von Bismarck said, “Laws are like sausages, it’s better not to see them made.” If people look too closely, they would recognize that the republic has long since become something else entirely.
Hayek’s Last Hurrah, So To Speak: A Choice in Currency Emerges Among Central Banks
Hayek said, “I hope it will not be too long before complete freedom to deal in any money one likes will be regarded as the essential mark of a free country.”
Closing Argentina’s Central Bank: A Response to Professor Hülsmann
The debate regarding the would-be effects of the closure of Argentina’s central bank continues.
Even 2% Inflation Is Too Much
At sustained 2 percent inflation, which the Federal Reserve promises, average prices will nearly quintuple in a lifetime of 80 years and the dollar will shrink to a value of 20 cents.
New Scholarship in the QJAE and the JLS
New scholarly work is appearing regularly in the Quarterly Journal of Austrian Economics and the Journal of Libertarian Studies. Here is a sampling of recently published articles.
Say Hi to UBI
This is not the path to prosperity. It is the final stage of the ruinous collectivist project.
