Jeff Deist discusses the political responses to the coronavirus, varying on a state-by-state level from complete lockdown to nearly complete normalcy. Deist says this is an example of federalism actually working, since beyond issuing recommendations and printing...
Congress
4/10/20 David Stockman on Coronavirus Hysteria and the Destruction of the US Economy
David Stockman pulls back the curtain on congress' recent multi-trillion dollar bailout package, which, although billed as emergency aid for individuals actually allocates most of the money to various special interests on both sides of the aisle, including millions...
How the CARES Act Will Delay Economic Recovery
The economic fallout of the government’s shutdown in response to the coronavirus pandemic has been unprecedented. Nearly ten million people have filed for unemployment benefits in just two weeks. The 6.6 million claims from the last week of March doubled the previous...
Airline Bailouts Destabilize the Economy and Inflate Asset Prices
In the end, after all of the political posturing and all of the speeches and exhortations for Congress to “do something,” a $2 trillion “coronavirus stimulus” bill landed on the president’s desk for The Donald to sign. And sign he did, uttering all of the platitudes...
Judicial Engagement & National Emergencies
A Curious Quote & A Historical Lesson “We repeat what was stated in Block v. Hirsh, as to the respect due to a declaration of this kind [an emergency] by the Legislature so far as it relates to present facts. But even as to them a Court is not at liberty to shut...
How Uncle Sam Will Spend $2.3 Trillion on Coronavirus Relief
Before the coronavirus pandemic and the response to it triggered an economic meltdown, the U.S. federal government was planning to spend nearly $4.8 trillion in its 2020 fiscal year. Last week, President Trump signed a $2.3 trillion relief package aimed at mitigating...
Will Coronavirus End the Fed?
September 17, 2019 was a significant day in American economic history. On that day, the New York Federal Reserve began emergency cash infusions into the repurchasing (repo) market. This is the market banks use to make short-term loans to each other. The New York Fed...
Outraged at Thomas Massie? You Shouldn’t Be
Thomas Massie, U.S. House of Representative from Kentucky’s 4th District, took a lot of heat for trying to force a voice vote on the House floor to pass the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act. In a glorious show of...
Blog
Podcasts
Shop Our Books
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.