Economic Policy

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. 

In Los Angeles, if you want your home or business protected from fires, you must hire concierge firefighters.

Honduras is one of the poorest countries in the Western Hemisphere, but the free city of Próspera, located just of the Honduras coast, is anything but poor. Here, private property and free markets are the norm and Bitcoin is legal tender. Of course, the socialists want it shut down.

Washington has wielded the sanctions weapon against nearly a third of all nations on earth. It is time to rethink these policies, and one hopes the incoming Trump administration will do just that and change course.