The Wall Street Journal today brings word that a professor Efraim Benmelech of the finance department at Northwestern University thinks the Fed is hurting housing and the consumer too much. Opined he, ...those higher interest rates are making mortgages more expensive...
Treasury Secretary Janet Yellen met with China’s top economic official, Vice Premier Liu He, in Switzerland on Wednesday as Washington and Beijing continue to maintain high-level contacts.
There are many policies that reduce the supply of goods and services that parents and children need, and therefore lead to rising costs for family necessities like food, housing, clothing, transportation, and childcare. Policies including tariffs, regulations, and...
“How did this dude steal billions of dollars and is now speaking at a summit as a free man? Make it make sense.”- the internet. This is the question that millions of people are asking after weeks have now passed since Sam Bankman-Fried's FTX scandal unfolded....
Jubilation erupted in Washington this summer as politicians lurched towards commandeering a key swath of the American economy. Congress passed Biden-backed legislation known as the Chip Act to spend $52 billion subsidizing semiconductor production. A Washington Post...
In the second half of his term President Jimmy Carter signed a series of laws deregulating shipping and transportation in the United States. The Staggers Act, signed into law in 1980, would deregulate rail freight shipping. The law eliminated the government price...
Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities by Ryan McMaken Mises Institute, 2022, 230 pp. Those of us who think that there should be no state at all, or at most a very limited one, must view all existing states with...
Lieutenant Kirk Thibodeaux is a Louisiana state trooper in otherwise good standing. He is a member of the Transportation Safety Services/Commercial Vehicle Enforcement Section. While attending a conference on vehicle safety in South Dakota, this officer of the law was...
It was out of a revulsion for tyranny and a hunger for liberty that Americans were inspired to revolution. We don’t like being told what to do. We went to war to secure the rights to life, liberty, and the pursuit of happiness.In our founding document, liberty was...
The following is a summary of Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Plant by Marian L. Tupy and Gale Pooley, reprinted with permission. In the first part of this book, the human propensity toward...
Lex mercatoria, or the “Law Merchant,” refers to the privately produced, privately adjudicated, and privately enforced body of customary law that governed virtually every aspect of commercial transactions by the end of the 11th century. Thus, the Law Merchant provides...
Download Episode. Hassan El-Tayyab of the Friends Committee on National Legislation joins Scott on Antiwar Radio to discuss the effort to end the war in Yemen. Both sides have agreed to a ceasefire which has brought the level of violence down and the access to food...
“A home might be a pretty little house Filled with people and things Comfort and ease A home might be a lean to on the beach Nothing but waves rolling in The sun on my skin A home might a tent filled with friends And wherever I go I’m home with them A home might be...
The White House is placing sweeping sanctions on Russia and pressuring every country to follow America's lead, but the effort to isolate Moscow does not end at economic warfare. Western states are seeking to remove Russia from the Group of Twenty - G20. The G20 - 19...
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