Politics
For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even...
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Politics
What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is...
Politics
With people calling for an audit of the US gold stores at Fort Knox, perhaps we should remember how that gold got there in...
Politics
Per Bylund joins Bob to discuss his new paper at the QJAE, which points out several flaws in the MMT claim that money is...
Politics
The eminent economist Edmund Phelps is a “liberal” in the modern sense, not a libertarian, but in his recent book My Journeys in Economic...
Politics
Noam Chomsky’s latest offering—a series of interviews—presents the best (and worst) of one of America’s premier public intellectuals. Original Article: “There’s No Place like Noam”...
Politics
Kimberlé Crenshaw, one of the founders of Critical Race Theory, recently decried what she called the “war on wokeness” (by which she seems to...
Politics
A new Fed survey shows that banks are cutting back on lending big time. Over the past thirty-five years, this almost always predicts recession. Our...
Politics
According to some commentators, the US banking crises is over, or at least can be easily managed by the Federal Reserve System. In addition,...
Politics
On this first episode of the Fed Watch Podcast, Ryan McMaken and Senior Fellow Alex Pollock talk about how the Federal Reserve has negative...
Politics
President Biden recently claimed that “trickle-down economics” doesn’t work but transferring wealth from taxpayers to politically connected people is the real trickle-down economics. Original Article: “Government...
Politics
[This article is adapted from a lecture delivered at the Reno Mises Circle in Reno, Nevada. on May 20, 2023.] We are faced today...
Politics
Calls for black consumers to “Buy Black” can be interpreted as socially divisive, but they are also a way to encourage black entrepreneurs in...
