The ECB has surrendered and is turning toward even more aggressive easy-money policy as the euro economy slows. Meanwhile, President Trump attempted to use the move to put additional pressure on the Fed to ratchet up its own QE plans.
In the wake of 9/11 the feds themselves got what they'd always wanted: More taxpayer money. More power. More untrammeled authority to imprison, spy, tax, search, and control.
India’s economy had an annual growth of 5.0 percent in the April-June quarter, the slowest in more than six years dragged down by weak consumer dem
As far as the state is concerned, when it comes to "protecting" the environment, anything goes! Including outlawing entire industries with a huge market following.
A recent collection of new research in Austrian economics is now available in paperback at a reduced price.
If we compare the federal government's debt load to its income (i.e., tax receipts) the debt load is bigger than its ever been.
Spending has gone up relentlessly since Republicans gained control of both the White House in Congress in 2016. The Democratic takeover of the House has, not surprisingly, done nothing to stop the spending juggernaut.
The reason property rights have to be in place is scarcity. If the world was a utopia without any scarcity, private property would not be necessary.
Last week, the facade of Federal Reserve “independence” was dealt a severe blow. Ironically, the person who broadcast to the world that the Fed is anything but “independent” was ex-New York Fed President Bill Dudley.
While Americans contemplated Jeffrey Epstein’s demise, Chinese authorities had more pressing matters as the country’s third bank was bailed out lat
