We didn’t even have to get to 2024 for economists to start speculating on what the Fed might do to boost or harm the re-election chances of the incumbent president through rate cuts, or a lack of…
I remember it was 6:30 on a Monday morning, spring semester my 4 th year at the University of Virginia. I was drinking a Budweiser and eating a plate of Mexican food at the La Hacienda in…
That corporations continue to court college students so assiduously is a market signal that neither the campuses nor their students are as lost as alarmists want to believe.
The bigger the crack-up the better, because the big errors signal enormous information-creation that will bring us closer to the kind of knowledge that represents enormous progress and wealth.
Deficit hawks continue to make the debt the story, which means they’re distracted and they’re distracting their flock. $33 trillion in debt isn’t the problem as evidenced by how much investors line…
Every product and service that we enjoy today used to be nosebleed expensive. Which is why it’s strange that the various economic religions focus so much of their energies on monetary policy. They…
Money isn’t abundant in Palo Alto but scarce in Baltimore because the state decreed it so, rather money in circulation is production determined. It’s a market phenomenon every bit as powerful as the…
Speech, including ugly speech, is just that. Let’s not mimic the left and its ugly, cancel culture ways. If we believe we’re correct, we shouldn’t fear their ugly speech.
Nikki Haley bills herself as “a firm believer in economic freedom,” but to watch her speak or read her opinion pieces is to read all the ways she intends to limit economic freedom.
It only took Javier Milei two days in office to err in monumental fashion. If we ignore just how damaging currency devaluations are (the write-up doesn’t) to individuals, we can’t ignore that they’re…
In Rampell’s words, policymakers responding to a contraction of their own making “swung into action with a swiftness and single-mindedness they hadn’t exhibited in prior downturns.” Keynesianism just…
Peggy Noonan worries that “AI is putting the fate of humanity in the hands of the men and women of Silicon Valley, who invented the internet as it is, including all its sludge.
Asked about inflation recently, Joe Biden presumably read that it’s a consequence of corporations “gouging” consumers…But even if corporations had the power to set prices, a high price born of…
It’s worth repeating that higher prices are at best an effect of inflation, not inflation itself. To say they’re inflation is like saying suntans cause the sun.
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