Bureaucracy and RegulationMoney and BanksMoney and Banking
Rothbard: "if proponents of the higher minimum wage were simply wrongheaded people of good will, they would not stop at $3 or $4 an hour, but indeed would pursue their dimwit logic into the stratosphere."
Media and CultureCalculation and KnowledgePolitical Theory
Money and BanksMoney and Banking
New York Fed Chief Dudley recently suggested asset bubbles "emerge from the way market participant’s process information and trade" — thus ignoring the role of the central bank.
Big GovernmentTaxes and SpendingU.S. Economy
Under Andrew Gillum, the Sunshine State would come to look more like Alexandria Ocasio-Cortez’s New York.
Booms and BustsBusiness Cycles
"Higher order" industries like manufacturing and mining are particularly sensitive to changes in interest rates. And it doesn't look like anything's different this time around.
Big GovernmentMedia and Culture
Net neutrality was about control and regulatory capture, not online freedom.
Booms and Busts
The Jeddah Tower in Saudi Arabia remains listed for “completion” in 2020. Will its completion trigger a new Skyscraper Curse?
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.