Headlines
Federal Trade Commission’s Call of Duty Maneuver Is Actually a Dereliction of It
The British antitrust cops just announced they will oppose the proposed blockbuster $68.7 billion merger of two American companies — Microsoft and gaming company Activision Blizzard, the owner of the wildly popular game Call…
America’s ‘Atlas Shrugged’ Moment Has Already Arrived, New IRS Data Show
Last September, billionaire Ken Griffin announced he was pulling up stakes and moving Citadel—his gigantic hedge fund—from Chicago to Miami. The Windy City was out of control, he told Bloomberg, something that dawned on him…
No One Wants to Play With Bullies: How US Politicians Are Destroying the Dollar’s Global Primacy
In the United States, popular culture has created the impression that having a bank account in a foreign country is bad because it must mean that you are hiding something from the authorities. The reality of the situation is…
A New Fed Report Holds a Clue on Why Banks Are Collapsing
Federal regulators seized the struggling First Republic Bank on Monday, which they promptly sold to JPMorgan Chase. Reports show First Republic had some $230 billion in financial assets which quickly evaporated, making it the…
Taylor Swift and the Real Lesson From the Ticketmaster Antitrust Hearings
As I was preparing for a workshop for educators on the economics of the music industry, I read more about Taylor Swift than one should! Specifically, it was about the Ticketmaster debacle last year when the system crashed…
17 Sharp Quotes from Mises’ Famous Essay ‘Profit and Loss’
The pundits on the political left seem to have a roster of anti-capitalist catchphrases they like to draw from in their rhetoric. “Trickle down economics doesn’t work,” “Tax the rich,” and “Workers deserve a living wage” are…
Can Dollarization Fix Argentina’s Inflation Problems?
At a slow but steady pace, public interest for dollarization in Argentina is growing. Initially, those who supported the elimination of the peso were viewed as crazy: How could a nation deprive its 45 million inhabitants of…
New Research Reveals The Breadth And Impact Of The Microschooling Movement
Nestled at the end of a residential cul-de-sac in Hopewell, Virginia is Dream Tech Academy, a microschool founded by former public school teacher, Danette Buckley. Originally from Jamaica, Buckley moved to the U.S. as an…
The Jane Jacobs History You Weren’t Taught in School
Based on the following credentials, which of these two very real (but now deceased) people do you think would be most likely to excel in “urban planning,” the practice of designing and developing land use, transportation,…
Why the Federal Reserve Pays Interest to Your Bank—and You Get Nothing
I think the average American does not know that the US Federal Reserve currently pays 4.90% interest to banks on people’s checking and savings deposits—this includes the cash in the drawer! I just checked my personal savings…
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