Fed Speeches: What They Said
Friday featured a handful of Fed member speeches. Here is a summary of what they spoke about.
Mises Wire
The Connection Between Money-Supply Growth and Inflation
Increases in the money supply need not always to be followed by general increases in prices.
Only Trump Has Been Honest About This One Issue
"Serious People" called Trump's comments on the debt "stupid," "ridiculous," and "insane," but he was entirely correct.
How Governments Outlaw Affordable Housing
In many places, rent growth means more housing is badly needed. Unfortunately, local governments are working hard to limit the supply of housing.
One-Third of Americans Are on Government Healthcare
Let's hope the "repeal" of Obamacare doesn't make anyone mistake the American healthcare system for anything that's "free-market."
Venezuela Before Chavez: A Prelude to Socialist Failure
The roots of Venezuela's failed regime can be found even before Hugo Chávez took office.
FOMC Keeps Rates Steady
Today's FOMC meeting announcement has the Fed keeping rates unchanged and dismissing a weak Q1 GDP number as merely "transitory."
How Liberty Defined Western Civilization
The idea of liberty is and has always been peculiar to the West.
The Myth of the “Popular Will”
Democracy often relies on conflating society with the state. Unfortunately, this confusion can lead to the politicization of every facet of daily life.
The Fed Will Likely Chicken Out on Planned Rate Hikes
Either the boom goes on, and interest rates continue to remain at very low levels. Or interest rates move back to normal, and the boom turns into bust.
