Politicians and central bankers invoke “contagion” to demand more power and money, while their interventions cause the very fragility they decry.
You May Also Like
Editor's Pick
Trump’s latest Hollywood “hit” isn’t the kind you stream. Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement...
Editor's Pick
We’ve been cautious about the uptrend phase off the April low for a number of reasons, including the lack of breadth support. While short-term...
Editor's Pick
Jeffrey Miron On September 19, President Trump signed an executive order adding a $100,000 fee to applications for H‑1B visas, which allow US employers to...
Editor's Pick
David J. Bier Critics of the H‑1B visa for skilled foreign workers often claim that the status amounts to “indentured” servitude. Indentured servitude is a contract to...