Politics
The current Washington tiff between Donald Trump and Jerome Powell is being reframed as Powell heroically defending the Fed’s “independence.” In truth, the Fed...
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Politics
One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless,...
Politics
What happens when a corporation resists a government edict because company leaders believe the policy to be morally wrong? The ordeal of Anthropic is...
Politics
One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless,...
Politics
Gold and silver whip around with war and liquidity stress, while the Fed quietly rolls out “emergency” support. Mark Thornton explains what’s driving the...
Politics
“America, above all countries, was born in an explicitly libertarian revolution, a revolution against empire; against taxation, trade monopoly, and regulation; and against militarism...
Politics
“America, above all countries, was born in an explicitly libertarian revolution, a revolution against empire; against taxation, trade monopoly, and regulation; and against militarism...
Politics
Conservatives may protest at first, but ultimately, they bring up the progressive rear to defend, and indeed celebrate, the new status quo.
Politics
When it comes to supporting the Trump administration, there is room for some honest self-reflection: What did I know and when did I know...
Politics
Net Present Value (NPV) is a popular decision-making criteria used by firms to make key, crucial choices about how to allocate resources across an...
Politics
Republicans love to call themselves the “Party of Lincoln,” and also claim adherence to conservative principles. However, those principles should be based around liberty,...
Politics
When Hugo Chavez nationalized Venezuela’s oil industry and created a huge welfare state funded by declining oil revenues, he unleashed huge social problems that...
Politics
What would be the economic consequences if one individual had a money printer? Now trace that out to a central bank and government.
Politics
Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can be tested...