Politics
President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more...
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Entrepreneurs, prices, and profit-and-loss coordinate the division of labor that makes prosperity possible.
President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more...
Bob Murphy and Jonathan Newman walk through his claim that real‑world exchanges clear markets—even with supposedly “sticky” prices—and what that implies for money, contracts,...