Power & Market

Federal income taxes are almost entirely about control and not revenue. The byzantine rules and selective enforcement are perfectly designed to keep ordinary people with limited means in mortal fear of the IRS.

"Since the Fed cannot measure or even clearly identify the effect of its intervention, it becomes impossible to say whether the intervention was a successful endeavor."

Right now there’s a big debate happening in economic circles about, is the economy overheating with all of this fiscal stimulus, are th

Pregnant Nicole Harper was doing what she was supposed to do: she was slowing down and signaling that she was looking for a safe place to pull over. That's when a state trooper decided to flip her car over. 

An unbanked population, an economy dependent on remittances, and dollarization. These combine to make El Salvador a perfect case study for bitcoinization.

Policymakers are headed to an economic cliff, which will lead to uncontrolled inflation and a recession.

Everyone knows the Fed cannot continue to buy assets indefinitely; yet, it’s difficult to picture a world where the Fed does not buy assets indefinitely. The effects on various markets, such as stock, bonds, or housing seem unfathomable.

It’s been said by democracy’s critics that the system is essentially two wolves and a sheep deciding what’s for dinner.

While the recent clamp-down on power from public universities has mainly been in the realm of speech and expression, like almost every other govern

A good definition of the tragedy of the commons is that “resources that are unowned and/or unownable will be plundered to extinction.”&