Politics
Even the federal government’s official data shows that price growth is well above the Federal Reserve’s two-percent target. In fact, price inflation is now...
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Alexander Salter and Joshua Hendrickson argue that the Fed’s actual institutional role is to backstop U.S. dollar hegemony.
Mark Thornton reviews John Mearsheimer’s Why Do Politicians Lie? and connects political deception abroad to the Fed-driven distortions now warping markets, money, and the...
Unfortunately, the Pope does not understand the role that monetary inflation plays in fueling AI’s excesses. If he did, he might lead a necessary...
Even the federal government’s official data shows that price growth is well above the Federal Reserve’s two-percent target. In fact, price inflation is now...
Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.
Ludwig von Mises had many insights about immigration. As one might expect, he foresaw problems with open borders, but also believed immigration could benefit...
Record-low consumer confidence and record-strong corporate earnings aren’t a paradox: they’re the Cantillon effect in real time. Mark Thornton explains who inflation rewards, who...
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is...
RMP is not QE, nor is it QT. It is an unprecedented, interventionist, unsound policy. The Fed is no longer backstopping the long end,...
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
In this week’s Friday Philosophy, Dr. David Gordon reviews The Influence and Significance of Human Action After 75 Years edited by Joseph T. Salerno....