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The Fed is desperate for you to think that “this time is different.” Unfortunately, Powell can’t seem to come up with explanation of why...
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Politics
The Fed’s specialty is propaganda through data, with a long record of failure. This is by design. Their communication tools must work in overtime,...
Politics
Banking systems around the world have huge effects on our lives, yet few people understand how banks work. Worse yet, even fewer understand the...
Politics
If anyone believes that it is reactionary hysteria to claim the radical Left wishes to destroy the traditional family, then let Sophie Lewis’s 2022...
Politics
This will be brief, appropriate to the topic at hand. It consists of a quote from Milton Friedman found in Joseph Salerno’s outstanding book, Money:...
Politics
Can you imagine giving people who are already suffering from mental illness a drug that you know will make them worse? Sounds like something...
Politics
Not satisfied with hamstringing the oil and gas industries, environmentalists now are shutting down farms and production of livestock, all in the name of...
Politics
There is no real housing market in the US. Instead, an unholy trinity of Fannie/Freddie, the US Treasury, and the Federal Reserve Bank operate...
Politics
By all measures, the economic downturn that began in 1920 was worse than what occurred in 1930, yet the economy recovered quickly in 1921....
Politics
Woke Racism: How a New Religion Has Betrayed Black America by John McWhorter Portfolio/Penguin, 2021, xv + 201 pp. John McWhorter is an eminent...
Politics
Once again, after two decades of silence, the Federal Trade Commission (FTC) is cracking down on Microsoft. For what? Microsoft is accused of monopolistic...
Politics
The late Douglas North was correct to assert that institutions are a determinant of long-term economic growth. However, despite his genius in perceiving connections...
Politics
Ah yes, the Tea Party. Fifteen years after it was established by followers of Ron Paul, the so-called antiestablishment organization has been co-opted by establishment...
