Delusion Reigns at the Eccles Building
While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.
While the Fed governors claim "all is well" and that inflation is "transitory," the bad news continues to pile up. Inflation will be with us for a long time.
The passing of Professor George Ayittey stills a powerful voice for free markets in Africa.
The typical mainstream economic view of interest rates ignores an important factor: individual time preferences.
Much of what we might call monopoly capitalism (or crony capitalism) can be tied to intellectual property laws.
Will Japan ever change course on its negative interest rates? Only if voters begin to realize that the lack of inflation to date in Japan is simply good luck.
In 1991, Ukrainians held an election and voted for secession. Today we’re supposed to cheer that. But to suggest something similar for a region of the United States? Well, we’re told that’s just plain wrong.
With members of Congress claiming that the Russian invasion of Ukraine somehow threatens the US homeland, it is time to tell the truth about the military threats to this nation.
The EU is a prime example of a tendency toward territorial expansion and political centralization.
In the final days of the Soviet Union, the Washington establishment was convinced nationalism was a greater threat than Soviet despotism. Thus, George Bush tried to prop up the USSR and prevent Ukrainian secession.
For all the talk of decolonialization, many Third World countries that became independent set up regulatory regimes that mirrored their former "mother" country.