Rising Inflation Expectations Pose a New Threat to Fed Efforts
Deep within Friday’s University of Michigan (UMich) numbers was a worrisome sign for the Federal Reserve’s inflation-fighting efforts. While the…
“GramXi,” China, and the Long March through Multilateral Institutions
Last Friday, in Bucharest, Romania, government dignitaries from around the world converged on the Ceausescu People’s Palace to ratify a…
Initial Claims Suggest Continued Strength for the Labor Market
Initial claims for regular state unemployment insurance fell by 12,000 for the week ending October 15th, coming in at 214,000.…
Getting W.H. Hutt’s Life And Work All Wrong
Reprinted from Forbes “The enemy is not refuted, enough to unmask him as a bourgeois.” It’s how Ludwig von Mises…
Concocting Crises
Due to the collapse of totalitarianism and the concomitant rise of economic freedom in the twentieth century, the rate of…
On Some of the More Difficult Questions About Trade Policy, Continued.
In my previous column, I argued that for a policy of free trade, some especially difficult questions cannot be answered…
Single-Family Starts and Permits Continue to Fall as Mortgage Rates Rise
Total housing starts fell to a 1.439 million annual rate in September from a 1.566 million pace in August, an…
Cities Sidestep Property Rights With This One Trick
Reprinted from DC Journal The world needs creative problem solvers. But small-business owner Jeremy Sark was not impressed when city…
Inflated Hopes and Burst Bubbles
September’s inflation numbers aren’t good. Prices rose 8.2 percent year-over-year, down slightly from the last release, yet still painful. The…
Review of Superabundance by Marian L. Tupy and Gale L. Pooley
Superabundance is the kind of book that needs to be written, that needs to be read widely, and that will…