Power & Market

In the days of the American Civil War, Americans were not exactly known for their ideological consistency.

Liberty is not preserved by guaranteeing outcomes. It is preserved by ensuring that individuals are free to rise through their own effort, unencumbered by a state that increasingly mistakes its own distortions for market failures.

Certain advantages help explain why businesses tolerate costs in California that they might never accept in a smaller or less developed market. But California shouldn’t mistake an advantage for immunity.

 Freddie Mac, shows multifamily delinquency rates at the highest level in more than twenty years. 

President Trump, speaking at the Republicans’ midterm convention, pledged that if Republicans maintained control of the Congress in the November el

The chalkboard is the test. When Nigerian traders start painting their prices again, the reform will have worked, and no statistical release will be needed to confirm it.

Three pro-gold and silver groups have teamed up to present the second edition of the Sound Money Review, a scholarly journal dedicated to advancing principles of sound money.

Since fiat currencies, per se, are not redeemable for anything other than themselves, their very existence depends upon confidence.

The August jobs report was much celebrated by the White House, which pointed to a reported gain of 162,000 jobs in August.

The Federal Reserve's Federal Open Market Committee (FOMC) today announced that it will increase the target federal funds rate by 25 basis points to 4.0 percent.