Power & Market

Critics of the increasingly bipartisan consensus of conflict with China face a difficult task.

Leave it to the Federal Reserve to throw a knuckleball when the batter is expecting a fastball.

Winston Churchill and later Rahm Emmanuel famously said “Never let a crisis go to waste.” Cronyism never does.

We don’t have a free market. Rather, when the banking system fails the Federal Reserve acts quickly to socialize losses by way of monetary inflation, hurting the poorest members of society the most.

Despite the fears that Artificial Intelligence will disempower consumers,

A few days from now marks the one-year anniversary of the article: Will You Buy the D

If you watched the Fed Chair Jerome Powell testify before the Senate and the House this month you heard over and over that banks are well capitalized. The non-sequitur inspiring the Shakespearean quote “Methinks you protest too much.” 

Larry Summers affirms the Rothbardian critique of fractional-reserve banking on Twitter...

Opinion laundering is a method reporters use to smuggle their own views into "hard news" stories. Here's an example from the New York Times.

Georgia is a country at the intersection of Eastern Europe and Western Asia.