Power & Market

The public should expect that one day, given the inevitable progress of technology and general fear of missing out, one day there will be a Fedcoin.

My thanks to Carlo Lottieri for publishing an Italian translation of "A Brief History of Secession Referenda in Europe" in the publication L'indro.

Luke Burgis’s Wanting: The Power of Mimetic Desire in Everyday Life (St.

Even if we leave Trump and the 2020 election out of this, New York's botched election is the latest reminder that government institutions can’t seem to carry out what we’re told are their most basic functions.

It took years—eight years and counting in exile—for me to realize that I was missing the point: we talk about conspiracy theories in order to avoid talking about conspiracy practices, which are often too daunting, too threatening, too total.

Blustering Boris Johnson almost provoked a major war over an infantile desire to continue poking and prodding Russia in its own backyard. This time the war was averted, but what about next time? Will the adults ever be in charge?

While the Republican Party may look forward to the politically advantageous environment an inflationary environment may provide at the ballot box, ultimately policymakers are going to have to seriously deal with the underlying issue: the failure of the PhD standard.

Covid triggered a massive upswing in government prohibitions in America. This raises a crucial question for Americans. Exactly what should we prohibit in society? 

If and when this inflation proves to not be “transitory”, but rather a long-lasting consequence of large amounts of money being created at the same time production in many industries was slowed, halted, or redirected by government fiat, it will be far too late for any sort of NGDP targeting.

An important milestone has recently been passed. To be exact, the latest Fed balance sheet update on June 17, 2021, shows the figure at $8.064 trillion.