Dimon and Kashkari Clash on the Health of Banks
The Fed's Neel Kashkari and JPMorgan's Jamie Dimon recently sparred over the health of banks. How much loss can the banks absorb?
Mises Wire
Danger: Federal Tax Revenue Growth Falls to 80-Month Low
The last time federal receipts fell like this was in July 2008, shortly before the financial crisis.
We’re All Dictators Now
Riszard Legutko contends that the democratic socialists have been far more successful at destroying freedom than the Soviet communists ever were.
Kaplan Endorses the Balance Sheet Plan
Fed's Kaplan: Fed can start shrinking the $4.5 trillion balance sheet this year.
How Trump Will Make the Trade Deficit Worse
Several of President Trump’s proposals, such as increasing military spending, will make the trade deficits even bigger.
Iron Fist’s Tort Law Lesson
Under a pure property rights system with private courts, recourse against polluters would be easier than under our current regulatory regime.
RIP Will Grigg
Will Grigg, full name William Norman Grigg, passed away today after a series of hospitalizations.
Trump-Yellen Showdown Continues!
Trump: Dollar is too strong and not sure yet on renominating Yellen
United Airlines Violence Illustrates the Problem with Government Monopolies
If airlines had monopoly power like states do, they could abuse people a lot more and face far fewer consequences.
Inflation-Hawk Lacker Was the Fed’s Fall Guy
Whether the original source of the Medley leak is found, the episode shows more transparency is needed at the Fed.
