Read
Writing by John Tamny and Parkview contributors, from the latest commentary to the collected archive.
114 essays · Newest first
Clear filters“Soon, I’d see inmates unveil smartphones all around me. The economy inside prisons is an incredible testament to the power of capitalism and how creatively goods will flow to those who want them, so…
Breaking inflation is easy. It involves electing a president who believes in a dollar rendered strong by its stability. Alas, Donald Trump is not that president.
If the Fed caused the inflation, then why is the Fed empowered to fix inflation? It’s a question not asked enough, but with the Fed a combination of mysticism, myth, and gullibility inform an…
Production always and everywhere precedes consumption, and the federal government produces nothing.
Kevin Warsh can hardly complain about what Scott Bessent is doing, other than if he rightly disdains the weak, inflationary dollar that Bessent is pursuing.
The cost of a call in a telephone booth long ago dropped to zero. Should we give Fed officials a pat on the back for their brilliant market interventions of the ‘monetary policy’ variety on the way…
In a more just world, Milton Friedman’s monetarism would be described as a monetary variation of Keynesianism… Continue reading on Forbes.
What Waller should have said is that central plans don’t become wiser the more experts you add to the team of central planners… Continue reading on Forbes.
Implied in the silence is what’s true, that the Fed isn’t necessary… Continue reading on Forbes.
The scholarly class must cease their pretense about the impossibility of “Fed independence.” They want no such thing… Continue reading on Forbes.
The Fed couldn’t fight what economists incorrectly deem inflation even if it wanted to… Continue reading on Forbes.
It “was a hard company to keep alive.” That’s how Elon Musk described the rise of PayPal. Musk’s fortune is an effect of him creating companies that investors didn’t think amazing. With Tesla, SpaceX…
A willingness to accept the “Maestro” bouquets errantly thrown his way ultimately became his burden… Continue reading on Forbes.
Patting a Fed Chair on the head for knowing what’s obvious… Continue reading on Forbes.
The Fed is the proverbial potted plant, not an enabler… Continue reading on Forbes.
Monetarism recalls the Five Year Plans of the old Soviet Union… Continue reading Forbes.
All loans are production in return for production always and everywhere created in the private sector… Continue reading on Forbes.
What the Federal Reserve does has nothing to do with inflation. The central bank is not the source of the hyperinflation that Mises disciples (this is a shame simply because Mises himself was…
The Fed was buying what others would have bought absent the Fed. Which means disposal of its assets won’t be fraught… Continue reading on Forbes.
The post-Fed meaning of the Fed… Continue reading on Forbes.
No amount of Fed fiddling can keep credit away from production… Continue reading on Forbes.
On the matter of market prices, the Fed just doesn’t matter… Continue reading on Forbes.
The Fed can’t suffocate credit booms, nor can it instigate them. Continue reading on Forbes.
Any margin artificially created by the Fed looms as a huge opportunity for market actors with real access to credit. Continue reading on Forbes.
