Notes on Fed Chair Jerome Powell’s 60 Minutes Non-Interview
Jay Powell "sees no reason" the economy can't keep chugging along. And of course that's true until it isn't.
Power & Market
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Americans Have Much More Living Space than Europeans
The average American dwelling unit is at least 50 to 75 percent larger than the average European unit.
There’s No Evidence that Women Were “Forced” to Enter the Work Force “Just to Keep Up”
There's no evidence that women "had to" enter the workforce just to maintain the standard of living of the mid-twentieth century. In fact, female workforce participation was increasing right as real wages and household incomes were going up sizably.
Galles: Remembering Gustave de Molinari
March 3 marked the bicentennial of Belgian-born philosopher/economist Gustave de Molinari’s birth.
Fed Reports Big Drop In Household Net Worth for 4th Q 2018
The Federal Reserve Board of Governors today released a new re
January “Underlying Inflation” Measure Falls, but Gap with CPI Widens
According to the Federal Reserve’s Underlying Inflation Gaug
Block in Real Clear Markets on Austrian Economics
In addition to being a libertarian in political philosophy, I am also a member of the Austrian school of economics.
Americans Aren’t Giving Up Their Cars
In spite of the (unproven) assertions that young people have no interest in driving, Americans' delinquencies on car loans have hit a multi-year high, and there's no sign that fewer households want cars.
