Dollar Retreats from Highs as FOMC Stays Skittish
The Fed keeps hinting that it plans to raise the target rate more than once this year. But, the Fed's level of confidence is near zero.
The Fed keeps hinting that it plans to raise the target rate more than once this year. But, the Fed's level of confidence is near zero.
With 2017 now upon us, we are moving toward the hundredth anniversary of direct American intervention into the Great War in April 1917.
George Monbiot of Britain's Guardian newspaper seems to think that Mises is indeed the progenitor of today's crony capitalism and more.
"Bugatti capitalism," typified by hyper-inventiveness and cutting-edge technological prowess that changed the course of Italian industry.
One of the most important things we can do is explain how markets, and not government intervention, are our best hope for a prosperous society.
This year, our attention will be toward the Fed and central banks, as the world's financial elites try to navigate increasingly volatile waters.
The supply of US dollars accelerated during late 2016 with October's year-over-year increase hitting a 46-month high.
The benefit of automation is that it leads to an increase in real wages. This was true 100 years ago, and it is still true today.
We can build upon our understanding of liberalism, but as Ralph would stress, we should never forget our traditions, or discount our principles.