Jay Pow Does Insta
Maybe it was inevitable: X, Facebook, YouTube, Flickr, LinkedIn, Threads and now Instagram.
Power & Market
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A Preface to the New Iranian Edition of Mises’s Epistemological Problems of Economics
Mises at first bcame a very promising disciple of the historicist approach in economics. But then he encountered the writings of Carl Menger, the fountainhead of the Austrian School. Mises came to conclude that Menger and his disciples were right.
With Rent Control, We Need the Courage To Do the Right Thing
Rent control sounds like a good, humanitarian idea. Certainly, few if any tenants would quarrel with this policy.
Reforming the Federal Reserve
The Federal Reserve creates and manipulates the dominant fiat currency of the world.
Jason Furman’s Failed Defense of the Fed
[This article appeared in the Letters section of The Wall Street Journal in a shortened form.]
FTC Sues Amazon for Silly Reasons
You have to wonder if the lawyers at the FTC cracked a smile while accusing Amazon of being a monopoly due to the way it observed competitors’ responses to price changes.
A Small Continuing Resolution Victory Could Have Big Consequences
Federal spending is so out of control that it only took three months for the federal debt to increase by one trillion dollars to over 33 trillion d
Should We Allow U.S. Land To Be Sold to the Chinese?
Admittedly, this idea sounds bad. Both “sell out” and “selling out” have a bad odor to them.
General Milley and the Compartmentalized Military Mind
In a farewell talk, Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, emphasized one of the shibboleths of the U.S. military.
Artificial Intelligence & the Federal Reserve
In a recent speech in Toronto titled: Generative AI, Producti
