Deist: In Thrall to the Federal Reserve
Responding to today’s news from the FOMC, Jeff Deist writ
Responding to today’s news from the FOMC, Jeff Deist writ
The Fed has decided to maintain their excessively low interest policy yet again in their Open Market Committee meeting today. Anyone who unde
When we adjust for the cost of living, we find that more economically free states in the US are richer, happier, and endure less poverty than the high-tax highly regulated states. Consequently, many people continue to move from less-free states to more-free states.
Investors and real estate agents often tell people to “buy land, they’re not making any more!” But in truth, land is heterogeneous, and whether or not it increases in value depends on many factors that can transform nearly worthless land into valuable land.
David Friedman once said that “government can’t even give anything away.” Given how much of electoral competition consists of promises to give peop
Progressives once bragged about how their economic policies favored whites over blacks in the job market. Nowadays, Progressives claim to be helping racial minorities, although their economic policies remain exactly the same.
There are so many skyscrapers being built in China that I have not been able to keep track of them all. The "Walking Stick" building has just become the second tallest skyscraper in the world. This does not qualify as a genuine worldwide "skyscraper signal," but it does represent a signal for China.
Reports that the official unemployment rate has fallen to 5.1 percent may appear to vindicate the policies of easy money, corporate bailouts, and i