The Fed Holds the Fed Funds Rate Steady—Because it Doesn’t Know What Else To Do
The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday left the target policy interest rate (the federal funds rate) unchanged at
The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday left the target policy interest rate (the federal funds rate) unchanged at
The most recent edition of the US Army War College’s academic journal includes a highly disturbing essay on what lessons the US
The UAW's strike against US automakers will do long-term damage to the domestic auto industry. Unfortunately, unions and their advocates will learn nothing
Recently, anyone who pays attention to current events has been assaulted with the news that both the Hollywood actors’ and writers’ unions
Fed policymaking is all about political expedience. When we see Fed policy, we must keep in mind that "managing the economy" is
The mission of the Mises Institute is simple. We want to spread the ideas of Ludwig von Mises and the scholars he
In the last century, states have had great control over channels of media. In most of the West, lobbying groups and cartels
There are no more rabbits for the Fed monetary magicians to pull out of their hats. In an economy addicted to artificially
China rose from poverty after the Mao years only because its political leadership embraced private property and a market economy. Unfortunately, today
To progressive elites, the state (at least one run by progressives) is omniscient and all-powerful. To anyone with understanding, the state is