Power & Market

Another recent office building sale had Blackstone and its lender agreeing to sell 1740 Broadway for $186 million. Blackstone Inc. bought the building in 2014 for $605 million. 

American Compass, a think tank promoting a conservatism lacking even a rhetorical commitment to free markets, recently called for Republicans to support tax increases.

Robert Reich’s second myth is “Government Obstructs the Free Market.” (See my respon

Just because a politician says he believes X doesn't mean he actually believes it. Then, even if he believes it right now, we can't know that he'll believe it next week.

The BJP-led National Democratic Alliance (NDA) has finally secured an electoral mandate on June 4, 2024.

Because of interest rate increases, the true market value of the Fed’s assets is far less than their book value—a shortfall of about $1 trillion. 

In this 2014 lecture, Justin Raimondo explains three reasons why the Conservative movement flip flopped and then doubled down on supporting the Israeli regime. 

Published in The New York Sun:

"This is the ninth straight quarter of unusually high unrealized losses since the Federal Reserve began to raise interest rates in the first quarter of 2022.“

The only true solution is to get rid of all “civil rights” laws. As the great Murray Rothbard has explained, in a libertarian society all exchanges with people are voluntary.