The geographical isolation of a reservation, and the tribal commitment to investment in a casino, energy extraction, and other enterprises can have a sizable impact on the incomes of reservation residents.
Bob Murphy and Nicolas Cachanosky discuss Austrian Business Cycle Theory, the dispute over Fractional Reserve Banking, and how the Federal Reserve broke monetary policy.
Bob Murphy critiques an article by Conor Friedersdorf, in which Friedersdorf mocks the right-wing outrage over Rep. Ilhan Omar's 9/11 remarks as a tempest in a teapot.
The size of new houses has shrunk since 2015. (Houses are still two-thirds larger than they were 50 years ago.) But will local governments let developers build smaller, simpler, more affordable housing?
