Deposit Taxes: Should We Prepare?
There’s no way it could happen in the United States. That’s the conventional wisdom on this side of the pond about the ECB’s bailout …
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Benny and the Monetary Jets
“My inflation record is the best of any Federal Reserve chairman in the postwar period,” said the great bearded one, a bit annoyed, responding …
Forcing Ayn Rand on the Students?
John Goedde, chairman of the Idaho Senate’s Education Committee, introduced legislation a couple weeks ago that would require every Idaho high school student to …
The Drones Are Watching and Waiting
The topic of drones came up on MSNBC’s Morning Joe. Advertising guru and pro-drone Donny Deutsch pushed back against a skeptical Joe Scarborough saying, …
The Fed’s Old Tricks in New Times
We’ve been telling anyone who will listen that the Fed has gone where the central bank has never gone before. Pre-crisis, the Fed’s available …
Student Loans Going the Way of Housing
Colleges are good at getting people enrolled. They get kids lined up with education loans. The money goes to pay exorbitant prices on textbooks. …
A Reliable Account of the Great Depression
For his U.S. economic history class at UNLV, Murray Rothbard gave us the assignment to write a 10-page paper. The paper could be on …
Bankruptcy: The Glorious New Beginning
You remember when Hostess declared bankruptcy last November? There were outcries that the iconic snack pastry would be gone forever. Speculators began to stockpile …
Keynesian Policies Are a Flop
World unemployment is on the verge of breaking new records. This trend will continue until 2017. That’s the news from the International Labour Organization …
The Dangers of Mortgage Debt
In 2008, the American dream of homeownership turned into an incredible nightmare for millions. The government had been subsidizing this stuff for nearly a …