Politics
The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying...
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Politics
Yields on Japanese government bonds have risen in recent weeks on worries about Prime Minister Sanae Takaichi’s budget discipline, while the yen has weakened.
Politics
In criticizing the progressive notion of equity, or equality of results, critics of such views embrace an order of “meritocracy.” F.A. Hayek, however, understood...
Politics
It was at the height of the Cold War that the CIA and the American government began subsidizing Protestant missions, mostly of Pentecostal denomination,...
Politics
He’s described by media as “hard right” and “ultra-conservative” which suggests he’s a center-right candidate who, nonetheless, handily beat his communist rival.
Politics
The so-called K-shaped economy—where some experience positive growth and others negative growth—is perfectly explained by Austrian business cycle theory and the Cantillon effect.
Politics
On the economy, Trump gives himself a grade of “A+++++,” which is reminiscent of Hoover and other politicians who interpreted their economic failures as...
Politics
While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with...
Politics
For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people.
Politics
For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done...
Politics
For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it hasn’t done...
Politics
Policy-made rates reshape everything: mortgages, bonds, stocks, and commodities.
Politics
High time preference is a sign of economic degradation, and Bose shows that a rejection of Christian sexual ethics is a feature of a...
Politics
While the jury still is out regarding Javier Milei’s economic and political “reforms” in Argentina, one must remember that the damaging interventions into Argentina’s...
