Following Jerome Powell’s latest signal on rate cuts, economist Steve Hanke explains why markets and policymakers keep fixating on the wrong variable. Interest…
Category:
World News
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President Trump’s recent efforts to end the Ukraine War have been made more difficult because the EU, NATO, and the US government encouraged…
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Who says Republicans and Democrats can’t agree on anything. They have both agreed to continue foolish and counterproductive subsidies for buses and other…
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Can a majority vote to end democracy? If it can, democracy would no longer exist. But if it can’t, then not all political…
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Last week President Trump took steps to re-name the Department of Defense the “Department of War”—arguably, a more appropriate name.
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The Federal Deposit Insurance Corporation (FDIC) is widely seen as a pillar of financial stability, but it is actually it is a warning…
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While people might speak of the “business of government,” there really is no way to compare the two. Business is voluntary; government is…
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Discussions about black suffrage following the Civil War usually are focused upon black voting rights in the South. However, during that same time,…
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In an attempt to explain business cycles, Milton Friedman came up with a plucked-string analogy. Like all Monetarist theories, however, this also had…
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