The current Washington tiff between Donald Trump and Jerome Powell is being reframed as Powell heroically defending the Fed’s “independence.” In truth,
"America, above all countries, was born in an explicitly libertarian revolution, a revolution against empire; against taxation, trade monopoly, and regulation; and
"America, above all countries, was born in an explicitly libertarian revolution, a revolution against empire; against taxation, trade monopoly, and regulation; and
Conservatives may protest at first, but ultimately, they bring up the progressive rear to defend, and indeed celebrate, the new status quo.
When it comes to supporting the Trump administration, there is room for some honest self-reflection: What did I know and when did
Net Present Value (NPV) is a popular decision-making criteria used by firms to make key, crucial choices about how to allocate resources
Republicans love to call themselves the “Party of Lincoln,” and also claim adherence to conservative principles. However, those principles should be based
When Hugo Chavez nationalized Venezuela’s oil industry and created a huge welfare state funded by declining oil revenues, he unleashed huge social
What would be the economic consequences if one individual had a money printer? Now trace that out to a central bank and
Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data. Thus, all theory can