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President Trump has proposed a 50-year mortgage for new homebuyers, ostensibly to make housing more affordable. Actually, this financial instrument will make housing more...
Total mortgage debt will increase as actual ownership in equity will go down. If homeownership does increase, it will be “ownership” of the sort...
As Americans celebrate the destructive wars that helped shape this country, we also remember that free markets promote peace and individual liberty.
A few hours studying the lessons of history can prevent heaps of grave-digging in the coming years. None of the veterans we celebrate on...
Bob Murphy and Jonathan Newman walk through his claim that real‑world exchanges clear markets—even with supposedly “sticky” prices—and what that implies for money, contracts,...