On Friday, residential real estate brokerage firm Redfin released new data on home prices, showing that prices fell 0.6 percent in February, year over year. According to Redfin's numbers, this was the first time that home prices actually fell since 2012. The...
Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message in a recent tech column in the Wall Street Journal. A similar tone can be found coming from organizations like the World Economic Forum, the International Monetary Fund,...
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...
The libertarian community is unique on account of its ability to ignore standard political and social conventions. Libertarians value freedom and understand why it needs free markets. However, libertarians do not possess a conservative loyalty to the system as it is...
It’s an economic article of faith among almost every school of economic thought that central banks raising interest rates curtails economic growth and lowering interest rates stimulates short-run economic growth. The problem with this assertion by nearly every...
So the talking heads of bubblevision think inflation is abating, but what about this: Federal revenues in November posted at $252 billion—10.3% below last November—while spending came in at $501 billion. And the latter included an ominous +53% rise in Federal debt...
President Joe Biden is tottering on the edge of his most inefficient vote-buying binge yet. As the runoff race for Georgia’s Senate seat enters its final weeks, the Biden administration may rubberstamp a nationwide handout to snare a handful of Peach State ballots....
Even as price inflation slows and we move past June’s peak, progressives continue to push the concept of “greedflation”—that this year’s price inflation is caused by corporate greed and price gouging. This is inaccurate, based on bad economics, and it blames a...
Imagine the Catholic Church (or any person or group of people) doing what the government does every day: Everyone who doesn’t give the Catholic Church 25% of his annual income every year will be put in jail. If he resists the Jesuit officer, the officer has the right...
FOREWORD BY JAY BHATTACHARYA, MD, PHD Diary of a Psychosis is different from all other books on Covid: it traces the development of the government response as it happened, bit by bit, and subjects it to relentless scrutiny: did any of it do any good? It thereby...
Americans today have “freedom” to be fleeced, groped, injected, harassed, surveilled, vilified, disarmed, beaten, detained, and maybe shot by federal agents. From hapless homeowners hit by SWAT raids to pandemic lockdowns pointlessly paralyzing lives, government...
