Power & Market

What will the future of New York look like under Mamdani’s mayorship? If only we had a time machine, however, given the policies, it is possible to imagine some outcomes.

It stands to reason that federal employees (i.e., federal bureaucrats) are likely to vote in favor of expanding federal spending on the bureaucracy.

Dr. Guido Hülsmann responds to a previous response regarding the potential inflationary impact of closing Argentina’s central bank.

As Trump declares a “golden age,” private jobs decrease.

The results of inflation we see everywhere. But, while we try to out-race higher prices with speculation, we never know when the crash will come.

After years of bubble-fueled “prosperity” funded by monetary inflation to the tune of five trillion dollars, American consumers appear to be running out of money.

Americans had better brace themselves for another foreign war as a way to quell the MAGA rebellion over the Jeffrey Epstein files.

According to data collected by the research firm Statista, 29 percent of Americans cannot afford to take a vacation this year.

Otto von Bismarck said, “Laws are like sausages, it’s better not to see them made.” If people look too closely, they would recognize that the republic has long since become something else entirely.

Hayek said, “I hope it will not be too long before complete freedom to deal in any money one likes will be regarded as the essential mark of a free country.”