News
The Fed’s Plan Is Failing: Stagflation Looms as Job Growth Stalls
The Fed’s apparent plan to somehow get to full employment and then deal with inflation sounds nice, but reality could...
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What Texas’s Unilateral Immigration Policy Tells Us about Washington
What we’re beginning to see is policy ghettoization, wherein states pass laws that the most fervent activists on the left...
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Shakespeare Helps Us Understand Rome’s Descent into Empire
Shakespeare’s Rome: Republic and Empireby Paul Cantor1976; University of Chicago Press, 2017, 228 pp. Paul Cantor will probably be best...
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The Fed Is Bailing Out the Wealthy as Everyone Else Pays the Price
The Federal reserve says that inequality is a problem. At the same, the Fed also pretends to have nothing to...
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Rebutting Paul Krugman on the “Austrian” Pandemic
Paul Krugman’s “logical problem” with ABCT derives entirely from his superficial understanding of the theory. Original Article: "Rebutting Paul Krugman...
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What They Really Mean When They Say “Do the Right Thing”
As a senior in high school, I ran for class president with “Do the right thing” as my campaign slogan....
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Why the Fed Is So Desperate to Hide Price Inflation
The Fed is backed into a corner. If price inflation continues, the public could demand action and the Fed could...
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Can Economic Data Explain the Timing and Causes of Recessions?
Most economists are of the view that through the inspection of economic data it is possible to identify early warning...
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Mark Spitznagel Teaches the Economists How to Invest
Bob reviews Mark Spitznagel's latest book, Safe Haven: Investing for Financial Storms, on which he was a consultant. Bob explains that...
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How to Cheat with Cost-Benefit Analysis: Double Count the Benefits
Calculating "multiplier effects" is perhaps the most common method of cheating with benefit-cost analysis. Original Article: "How to Cheat with...
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