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The Federal Reserve creates and manipulates the dominant fiat currency of the world.

[This article appeared in the Letters section of The Wall Street Journal in a shortened form.]

Members of the Canadian Parliament recently applauded a Ukrainian member of the Nazi Waffen-SS during World War II. Apparently, it's now okay to be a Nazi so long as you're fighting the Russians.

Read the New York Times (or even National Review) and you'll learn that the budget standoff is between congressional “adults” and right-wing House nutjobs. This is not the case.

Much of modern neoclassical economic theory depends upon assumptions that do not reflect real world conditions. Austrian economists, however, know that realistic assumptions matter.

Monetary policy is never neutral. It benefits some while impoverishing others.

You have to wonder if the lawyers at the FTC cracked a smile while accusing Amazon of being a monopoly due to the way it observed competitors’ responses to price changes.

Federal spending is so out of control that it only took three months for the federal debt to increase by one trillion dollars to over 33 trillion d

Admittedly, this idea sounds bad. Both “sell out” and “selling out” have a bad odor to them.

Forget Vegas sports betting for reckless speculation. When the Fed officials make projections, the markets assume they are accurate. However, as Jerome Powell himself admits, forecasts are speculative at best.