Power & Market

For the first time in our nation’s history, 30 year olds are doing worse than their parents.

As much as its proponents brandish accounting tautologies and purely descriptive claims about government finance, in the end it is 100% political. Their framework is about giving the State maximum power—power to expropriate and power to override what would prevail in unhampered markets.

Finding the Money, a video aimed at explaining Modern Monetary Theory (MMT) to a pop

On the 27th of March, Texas Governor Greg Abbott signed an executive order which had the purpose of curbing speech deemed as “anti-semitic” on all

"The state is the greatest monopoly of all; it can brook no rival or colleague in its domain; it is necessarily sole and supreme."

This article is adapted from a lecture delivered to the Federalist Society: 

This week, the House passed H. R.

It is the waning days of the Sunak premiership, and the Conservative party still has a stonking majority despite its cataclysmic capitulation in th

 The Fed presumably has an “implied guaranty” from the Treasury, but it seems certain that Congress never dreamed that the Fed could experience the losses and the negative capital that are now reality.