Housing Hubris: Can Home Prices Spiral upward Forever?
The causes of today's skyrocketing housing prices are different in many ways from what happened in 2008. But that doesn't mean we're barreling toward a happy ending.
U.S. Economy
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Is the Constitution Broken beyond Repair?
"No one, including Andrew Jackson, had ever explicitly argued before [Lincoln] that the Constitution authorized or obligated full-scale invasion and coercive measures."
Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition
The process of learning what’s most efficient and profitable includes merging with competitors and taking over different stages of the supply chain—all tactics that would be considered in violation of current antitrust laws.
China’s Financial Bubbles Remind Us of Scams like Britain’s South Sea Bubble
It never ends well: to clean up mountains of bad debts, the Chinese regime has employed debt-for-equity schemes that could leave countless ordinary investors in deep trouble.
Will the Next “Skyscraper Curse” Be Found in the Digital World?
Our largest skyscrapers exist no longer physically, but in a world of ones and zeroes. The most groundbreaking technology projects springing from malinvestment may be digital the next time around.
The Toxic Politicization of Society
Tho and Jonathan discuss the supposedly transitory aspect of inflation, the overshadowing of economics by central planning, Keynesian economics, and more.
Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition
The process of learning what’s most efficient and profitable includes merging with competitors and taking over different stages of the supply chain—all tactics that would be considered in violation of current antitrust laws.
Will the Next “Skyscraper Curse” Be Found in the Digital World?
Our largest skyscrapers exist no longer physically, but in a world of ones and zeroes. The most groundbreaking technology projects springing from malinvestment may be digital the next time around.
Paul Gottfried on the Virginia Election
McAuliffe could not dissociate himself entirely from national politics because he was a national Democratic figure closely allied to the Clintons for decade
Price Inflation Hits a 31-Year High as Janet Yellen Insists It’s No Big Deal
Real wages fell in October as consumer prices, producer prices, and home prices all surge toward multidecade highs. But Janet Yellen isn't concerned. She says the Fed won't allow anything bad to happen.
