Economic Policy

Elon Musk‘s latest comments on money make the same errors as we saw with Milton Friedman and the Monetarists. If Musk really wants to understand money, he needs to read Murray Rothbard and Ludwig von Mises.

Third World economies rarely operate on trust, which inhibits capital development and other important ingredients for economic growth. Is that a case of personal morality or do the monetary systems play a role?

Given these realities of state power and economic intervention, the only reasonable position for those who cherish freedom and prosperity is the radical one: a pure market economy.

Thanks to the Fed's balance sheet and the Fed's policy on reverse repurchase agreements, it's hard to tell whether the Fed is being hawkish or dovish. 

President-elect Donald Trump has declared that he will raise tariffs his first day in office. Our economy, however, does not need government-created roadblocks to trade. Instead, we need free exchange and sound money.

President Donald Trump has openly called for the US to annex Greenland. However, Greenland‘s residents don‘t want to be part of the US empire. Unfortunately, this is another chapter in the sorry history of US acquisitions.

African nations such as Nigeria and Kenya desperately need market economies and freedom from the socialism and statism that infects the governing elite of that continent.

While TV commentators are wagging their fingers at the fossil fuel industry, Taylor Sheridan has provided a different point of view with “Landman.”

"Hurry up and wait" is often the reality of medical care. We shouldn't be surprised to know that long lines and government intervention go together.

Trump promises to levy new tariffs and trade restrictions, along with subsidies for favored industries. This latest version of “industrial policy” will fail again, it has in the past.