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HealthStrategyPhilosophy and Methodology
The possibility that someone might pose a threat to another at a future time is not sufficient reason to revoke a person's property rights.
SocialismWar and Foreign Policy
Ludwig von Mises explained how "war socialism" doesn't win wars. Similarly, "COVID-19 socialism" won't win the "war" on disease.
Corporate WelfareMoney and Banks
Central bankers are panicking, and their solutions range from "buy everything that moves" to pushing interest rates even further into negative territory. Yet this doesn't seem to be helping much.
Financial MarketsGlobal EconomyMonetary Policy
There are echoes of the 1973 oil shock in the current virus scare and resulting economic seize-up. Central banks are likely to respond similarly: with "stimulus" and inflation.
Free MarketsGlobal EconomyProtectionism and Free Trade
Like Trump, I want China to stop manipulating its economy. But not for the same reasons Trump does.
Central Banks now have an alphabet soup of policy tools. But it's all radlly just more of the same — that is, inflationary easy-money monetary policy.
Booms and BustsFinancial MarketsGlobal Economy
While much of the media remains focused on Trump and trade, the greatest threat to the Chinese economy may be reckoning with a massive financial bubble from within.
Money and BanksMoney and Banking
Central banks' economic models repeatedly and incessantly over-estimate economic growth. We can only speculate as to their motivation.