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Walter Olson The House Judiciary Committee on April 28 released budget reconciliation language that would do a truly remarkable thing: ban federal judges from...
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Investing
Chris Edwards Numerous American cities suffer from political corruption. New York City has had trouble for decades. Corruption is also prevalent in Los Angeles....
Investing
Chris Edwards I testified yesterday at a House hearing focused on low-income welfare programs, including housing and food programs. The Trump administration and congressional...
Investing
Chris Edwards I testified to a House subcommittee yesterday about affordable housing. In particular, I discussed the low-income housing tax credit (LIHTC), which is...
Investing
In a thought-provoking article published by the IMF in April, Ruchir Agarwal and Miles Kimball argue for moving away from a “paper money standard”...
Investing
The distinguished contributors to Populism and the Future of the Fed examine populist demands to expand the Fed’s mandate and the threat to the...
Investing
(Although my contributions to this series have so far been more-or-less in their proper order, this one isn’t: it occurred to me only relatively...
Investing
Although I’ve devoted many essays here to exploding myths about historical private currencies, there’s one I’ve yet to directly challenge. That’s the belief that...
Investing
Today, inflation has reached a 40-year high, in response to fiscal profligacy and accommodative monetary policy. Direct cash payments to individuals and businesses in...
Investing
(From the entry on “Money,” by Charles Francis Bastable, in the famous 11th edition of the Encyclopedia Britannica): The very large number of the...
Investing
Thanks to the Roosevelt Recession, in the spring of 1938 the New Deal’s “Keynesians” finally found themselves in the saddle, displacing the planners, reformers,...
