Power & Market

A yacht—like any good exchanged on the free market—represents countless value-maximizing exchanges and represents an industry that employs thousands of people to provide goods and services to others.

The collapse of the Russiagate narrative thus serves as more than just a political scandal—it stands as a monument to the prophetic insights of Hoppian political theory.

Before she became a U.S.

So much for the Fed's predictions, back in September, that price-inflation would be at 2 percent in no time at all.

Sellers will have to lower their asking prices if they want to sell their homes in a market with much higher mortgage rates.

Considered by many contemporaries as one of the smartest men to have ever lived, Erik von Kuehnelt-Leddihn was born 116 years ago today.

Discussions of wages often miss the all-important economic concept of a worker‘s diminishing marginal value product (DMVP), and the WNBA is no exception.

The proper answer to who should be Fed chairman is…nobody. Nobody knows the “correct” interest rate.

In Syria the damage is done, and future generations will continue to suffer from the cruel folly of those convinced they know how to run everyone else’s lives.

The biography of Hans F. Sennholz reads like a paradoxical novel—as if the protagonist had journeyed backward through the twentieth century.